To address the impact of COVID-19 on Bangladesh’s economy, the government announced a budget for 2020-21 with measures to stimulate growth and recover from loss. These include increased spending on health infrastructure, funding for infrastructure projects, reduced interest rates, increased social safety net programs, and tax incentives.
As this lockdown prevails, the businesses in Bangladesh face tremendous trouble ahead, especially the Micro, Small, and Medium Enterprises (MSMEs) sector. So we ask, how the stimulus packages by the Government of Bangladesh plans to support the MSMEs to survive through and rebuild after this unprecedented crisis?
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