The Bangladesh government and the development partners plan to inject more money into the economy for its recovery amid the pandemic while the progress in implementing the stimulus packages for employment creation and revitalisation of the rural economy remains slow.

The Asian Development Bank is likely to give Bangladesh $1 billion for economic recovery and tackling the Covid fallout. Another Tk 3,000 crore may be allocated for expanding the scheme for credit guarantee on small loans. The fund will be provided by the government and the World Bank.

Fresh funds are in the pipeline for Bangladesh Small and Cottage Industries Corporation (BSCIC) and Small and Medium Enterprise (SME) Foundation for providing loans to small and cottage industries, top government officials and representatives of development partners said at a discussion in the capital yesterday.

https://www.thedailystar.net/frontpage/news/more-stimulus-offset-covid-shock-2005393