PM: Bangladesh market relatively in good condition now

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Primary Minister Sheikh Hasina has said Bangladesh’s market is pretty much in a good form now although the Covid-19 pandemic has dealt a extreme blow to it seeing that elsewhere on the planet.

"We've announced our spending budget…don’t understand how long we can carry out it (for implementing the finances), but we need to take our preparations. If stuff go well, we are able to achieve the full. If it's not, after that we will see…we won’t step back again. We placed our funds to maintain our overall economy moving," she said on Wednesday.

The prime minister said this while addressing a gathering of Awami League presidium members at her Gababhaban residence.

She said Bangladeshi expatriates are facing some difficulties due to the Covid-19 and lots of of them need to return home.

Sheikh Hasina said many feared that the remittance will encounter a setback in this pandemic, nonetheless it showed the contrary trend.

"Our remittance inflow possesses increased. It really is now US $39.4 billion. We are offering 2% specialized incentive for mailing remittance and our forex reserve is now in a good condition aswell," she said.

In the budget, Sheikh Hasina explained the government fixed its deficit at 6%. Within the last few years, the spending plan deficit was set at 5%. "We'd have made it 10% had it desired. But it didn't require."

“From the beginning of the crisis, the government wanted to keep carefully the economy of the united states moving facing all of the issues,” she said adding “the government also declared stimulus packages for keeping the trade and commerce functional on a restricted scale.”

In addition to the Covid-19 pandemic, the prime minister said the government has to encounter various other natural calamities. "Because of timely effective measurers, we have been able to face these challenges."

The premier also said there is a forecast of prolonged floods in the country and still some rivers are overflowing. "Riverbank erosions took a move for the worse. We happen to be taking steps in this respect, we try hard."

Sheikh Hasina, likewise the president of Awami League, said, work of the government together with her get together are to serve the persons of the united states standing beside them.

She thanked the leaders and activists of Awami League, Jubo League, Chhatra League and Krishak League, and federal government officials and personnel of law-enforcement agencies because of their all-out efforts to greatly help people in this crisis period.

While Awami League is in power, it thinks about the welfare of the common people at this crisis second that engulfed depends upon. "Acquired there been any various other party in vitality, it could never do a similar thing. Rather, they would try to gain some rewards cashing in on this crisis, but we will work hard with utmost sincerity," Shaik Hasina additional said.

She mentioned that is what the policy of Awami League as taught by the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

Talking about suspending all the courses of celebrations above the birth centenary of Bangabandhu, she explained the safety and lives of people come first and that's the reason the government is retaining its courses virtually. 
Source: https://www.dhakatribune.com

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