Small and Medium-sized Enterprises (SMEs) are a key focus of the government and is on the card for development. To this end, special stimulus is being planned for SMEs to grow and create job opportunities for the unemployed. This augurs well for the common public as there is a big deficiency in the job sector which needs to be met as soon as possible.
According to a report published in this daily, the government is eyeing a mega-budget for the next year 2021-2022 aiming to rejuvenate the country’s financial sector for ensuring sustainable economic growth. A well-rounded financial sector will prove as a catalyst for the country’s upgrade that has been set as Vision 2021 to become a middle-income country. This new incentive package will be a good opportunity for the economy to recover from the coronavirus catastrophe.
Employment generation is much needed for the country at
present as a vast number of people have been without jobs
since the coronavirus hit the world
We believe that this new incentive package will be able to inspire and help entrepreneurs recover from their losses caused by the Covid-19 outbreak. The report also elaborates how the finance ministry is going to propose a huge budget of more than Tk six lakh crore for the next fiscal for boosting the economy and creating huge employments. This employment is much needed for the country at present as a vast number of people have been without jobs since the coronavirus hit the world.
Above all, we believe that the incentive package can prove beneficial for the country’s economy and finance. Moreover, a stable economy should create the groundwork for Vision 2041 of becoming a developed country. Besides, it is needed to be ensured that the plan to disburse loans of Tk 257,250 crore under the incentive package is taken care of accordingly and no misappropriation takes place.
