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Professor Abul Barakat speaks on Bangladesh Government’s Stimulus Package


Dr Abul Barakat , an eminent economist from Bangladesh and Professor of Economics in Dhaka University who is also a member of the Task Force to deal with the impact of global recession in Bangladesh talks about the Stimulus Package that government announced on Sunday .

In an exclusive interview with VOA Bangla Service Professor Abul Barakat analyzes the various aspects of this stimulus package and says that due importance have been given to agriculture and power sectors . In answer to a question Professor Barakat says that although the Garments industry is not directly included in this package they will eventually reap the benefit of the lowered

The Finance Minister of Bangladesh Abul Maal Abdul Muhith on Sunday announced a ‘stimulus package’ of Tk 3,424 crore with blanket coverage of power, agriculture and export sectors to help the national economy weather the fallouts of global recession.

Unveiling the package, the finance minister, Abul Maal Abdul Muhith said financial, fiscal and policy measures required for overcoming the crisis would be taken in the next budget as well on the basis of regular review of the situation.

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