Implementation of five packages lagging behind
Covid – of 19. Out of the 23 stimulus packages announced by the government in the loss-making Macabila, the implementation rate of 5 of them is very poor. Mate has been allocated Tk 12,480 crore for these. But till last June, the expenditure from these has been 704 crore taka or 8.44 percent. In other words, for more than a year, 11 thousand 8 crore rupees has not been spent from five packages. This information has been revealed from the picture that the Finance Department of the Ministry of Finance has recently sent to the Prime Minister’s Office on the progress of implementation of 23 packages till June 30. The matte size of 23 packages is 1 lakh 26 thousand 441 crore taka.
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Of these, the implementation rate of the other five has even exceeded one hundred percent. However, apart from these 10, the implementation rate of 13 other packages is in the middle stage. Prime Minister. The finance department has informed the office that 75 per cent of the total amount has been implemented in 14 months, i.e. Tk 98,239 crore. Meanwhile, last month (July) it announced five separate packages worth Tk 3,200 crore. Government. As such, the MAT package stands at 26, and the amount of money stands at 1 lakh 31 thousand 741 crore. The finance department has not yet made an implementation picture of the last five. Small and medium entrepreneurs involved in the packages, distressed workers in the readymade garments and leather industries, export-oriented industries and businesses, farmers and government employees engaged in tax management.
5 packages to be implemented
In the first six months, only one application was received for refinancing. However, 31 banks have entered into an agreement with Bangladesh Bank to refinance. Till June this year, Tk 291 crore has been given from this package. From this package. The term of the loan taken is one year. Bangladesh Bank will charge 3 percent interest to the banks, and the customer will pay 5 percent interest to the banks. Bangladesh Bank is the implementing agency of this package. The package contains Tk 4,609 crore. Faruk Hasan Prothom, president of the Bangladesh-made Garment Manufacturers and Exporters Association (BGMEA), told Alake that one of the reasons for not spending money from the package in that way was the problem in terms of discounts. At the time the money is paid, the exporters do not make much profit. After informing the governor, he said he would look into the matter.
Later nothing much happened. It also announced a ‘Credit Guarantee Scheme’ package for the SME sector worth Tk 2,000 crore to help small and medium entrepreneurs. Government. Bangladesh Bank issued a notification on July 26 last year to implement this package. Till June, the package has cost Tk 29 crore. There is 1 thousand 961 crore rupees. Tk 3,220 crore has been allocated for the package titled ‘Agriculture Mechanization’. Till June, it has cost 406 crore rupees. Apart from this, there is allocation in the health insurance and life insurance sectors for the health workers engaged in the management of the tax. 750 crore. From this till June the cost is 60 crore rupees. Apart from this, there is Rs 1,500 crore to pay Rs 3,000 to the workers for three months for losing their jobs in the garment and leather sector.
Percentage implementation five packages
The first package is a special fund package for export oriented industries worth Tk 5,000 crore. It was announced to pay the wages of the workers of export-oriented industries in April-June last year. Service charge 2 percent. The factory owners have paid the wages with this loan. Although June. Monthly Salary – Money runs out before wages are paid. Later, the size of the fund was first allocated Tk 2,500 crore and later Tk 3,000 crore. Under the package, the Export Development Fund (EDF) facility was increased from US 3.5 billion to US 500 million to support export-oriented industries and businesses. As a result, an additional amount of 1.5 billion is equivalent to Tk 12,750 crore. Later, the amount was further increased to Tk 16,000 crore in Bangladeshi currency. This package is implemented through 57 banks.
The entire amount is spent till June 30. A package of Rs 100 crore was announced last year with special honors for doctors, nurses and health workers. The cost till June is 110 crore rupees. Meanwhile, for the first time, Tk 251 crore was allocated to give rice at Tk 10 per kg. Later it was increased to Tk 80 crore. The whole money is spent till June. Tk 2,130 crore has been allocated for home construction package for homeless people. Till June, the cost under this package was Tk 2,238 crore.