Our economy is doing fine since May when the government decided to open up the factories and mills which had been shut down due to the coronavirus.
This initiative by Prime Minister Sheikh Hasina has been a crucial step towards the economy gaining its momentum. It is heartening to know that the country’s economy is now faring well in terms of different parameters.
A report published in this daily projected that Bangladesh is in a better position now in terms of the economic indicators, and it is heading towards an economic rebound following the government’s time-befitting measures amid the Covid-19 crisis.
This is a great achievement that has been accomplished, and this is something that we as a nation can truly be proud of.
This can be credited to the stimulus incentive package
announced by the government which infused a total
of Tk 1,03,000 crore into the economy.
The report also expressed that forex reserves crossed $38-billion mark, expats sent a record $2.60 billion remittance in July and the DSE market capitalisation rose to Tk 3,557 billion by Tuesday. These figures among others show that the economy of Bangladesh has been doing better than it was before and can be considered as a positive sign.
This can be credited to the stimulus incentive package initiative of the government which infused a total of Tk 1,03,000 crore into the economy.
Not only that around 55 percent of the Tk 30,000 crore allotted for large industries has been already disbursed and its efficient use can be considered the sole reason why the economy has been bolstered greatly within such a short time as these large industries earn huge amount of foreign revenue through exports.
Meanwhile, various RMG factories are pumping out order after order and most of these are being exported to various countries. Thus a lot has been achieved by this sector of the country as well.
Above all, the credit goes to the numerous small and large business owners in the country who took the initiative to take the helm in this crisis and get the economy back on the track of development.
