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Bangla RMG sector to get loans at 2% interest rate
09 Apr '20
1 min read
Pic: Shutterstock
Bangladesh commerce minister Tipu Munshi recently said the garment industry will get loans at 2 per cent interest as the government declared a Tk 5,000-crore stimulus package for export-oriented industries. The loans will have to be repaid within a certain period, the minister said while attending an inter-ministry meeting on prevention of COVID-19.
“The government has no directives about the closure of garment factory. If the factory owners want, they can run their factories following proper health guideline,” he was quoted as saying by Bangla media reports.
Chief of Army Staff General Aziz Ahmed, Bangladesh Bank governor Fazle Kabir, cabinet secretary Khandker Anwarul Islam, principal secretary to the prime minister Ahmad Kaikaus, finance secretary Abdur Rauf Talukder, commerce secretary Mohammad Zafar Uddin and Bangladesh Garment Manufacturers and Exporters Association president Rubana Huq were also present at the meeting.
“The government has no directives about the closure of garment factory. If the factory owners want, they can run their factories following proper health guideline,” he was quoted as saying by Bangla media reports.
Chief of Army Staff General Aziz Ahmed, Bangladesh Bank governor Fazle Kabir, cabinet secretary Khandker Anwarul Islam, principal secretary to the prime minister Ahmad Kaikaus, finance secretary Abdur Rauf Talukder, commerce secretary Mohammad Zafar Uddin and Bangladesh Garment Manufacturers and Exporters Association president Rubana Huq were also present at the meeting.
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