PM unveils 19th stimulus package - News Summed Up

PM unveils 19th stimulus package


Photo: BigstockA total of 13.8 million borrowers will receive a package of Tk2,000 crorePrime Minister Sheikh Hasina has announced the 19th stimulus package of Tk2,000 crore for 13.8 million borrowers, who took loans from the bankThe premier unveiled the package while addressing a videoconference with Ministry of Education to launch the Secondary School Certificate (SSC) exam result of 2020 on Sunday morning. The prime minister said: “Earlier, we decided to declare the two months (April and May) as zero interest months for the borrowers. However, after a discussion we are announcing this package now." “The borrowers’ total interest amount in the last two months stands at Tk16,500 crore. Sheikh Hasina also said that, including these packages, the worth of all the stimulus packages now stands at Tk103,117 crore, which is 3.7% of Bangladesh’s GDP.


Source: Dhaka Tribune May 31, 2020 06:56 UTC



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