EU’s incentives for jobless Bangladesh clothing factory workers ‘stuck’ in indecision

Uncertainty clouds the fate of the European Union’s €117 million in incentives to help out Bangladesh's apparel factory workers who have lost their jobs because of the coronavirus crisis

Sep 03, 2020
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Uncertainty clouds the fate of the European Union’s €117 million in incentives to help out Bangladesh's apparel factory workers who have lost their jobs because of the coronavirus crisis.

The lack of a list of laid-off workers, a proper work plan, criteria of the jobless workers and consensus among the owners prevented Bangladesh from finalising a decision on the proposal three months intro receiving the proposal.

The government’s Economic Relations Division and the owners say they are thinking about sitting with officials of the EU embassy in Dhaka next week to determine who will get the incentives and how.

The coronavirus pandemic began shattering the world economy earlier this year, triggering widespread cut in consumption and joblessness.

According to the readymade garment entrepreneurs of Bangladesh, the sector lost orders with Tk 250 billion in the beginning of the crisis. The foreign buyers later restored some orders as the economies reopened.


https://bdnews24.com/business/2020/09/03/eus-incentives-for-jobless-bangladesh-clothing-factory-workers-stuck-in-indecision