• Tuesday, Sep 22, 2020
  • Last Update : 11:15 am

A welcome stimulus for troubled times

  • Published at 08:09 pm March 26th, 2020
economy growth
Photo: BIGSTOCK

Bangladesh must keep a careful eye on the economy and ensure that it remains healthy

In these troubling times, while Bangladesh takes steps to ensure the health of its citizens, it must also keep a careful eye on the economy, and ensure that it too remains healthy and that the fallout from the spread of the coronavirus does not end up hurting the people who call this country home.

Prime Minister Sheikh Hasina’s announcement -- that there will be a bailout of Tk5,000 crore for export-oriented companies -- is definitely a welcome one.

With the global and indeed our national economy at a standstill, millions of workers across the country will not be able to earn their daily wage, and thousands of businesses will be losing out on revenue.

This bailout, to a large extent, will go towards ensuring that people keep their jobs, and that the economy continues to remain buoyant.

The priority must be clear: Protect the ones most vulnerable to this new situation.

The future at this point in time is an uncertain one and, as such, the country should come together to ensure as much certainty as it can so that people can rest assured that, no matter what, their families and their livelihoods are not at risk.

If Bangladesh is to practice proper self-isolation and quarantining, people cannot be made to feel that they have no option but to leave their homes.

We are pleased to hear that “the government’s highest priority is to save people” and it is encouraging to see the government has set up alternative modes of employment on Bhashan Char.

However, there are other local businesses and low to middle income families who are hurting. We hope the government continues to work towards inclusivity in the upcoming weeks, so that no Bangladeshi’s life is at risk, either from the coronavirus or from the economic fallout.

57
54
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail