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No chance for review of 2nd stimulus package: Muhith

November 27, 2009 00:00:00


Finance Minister AMA Muhith gave a cold shoulder to the malcontents over the second stimulus package for export industries when he said Thursday that there was no chance for a review of the dole distribution, reports UNB
The country's highest export-earning industries' apex trade Bodies-BGMEA and BKMEA-are not too happy about the government-declared bailout package that has been made conditional for the apparel sector. And they made a strong plea for a review.
"They sought from us incentives for five years; we gave them for three years. They cannot get the benefit of the package without fulfilling the conditions," he told reporters after attending the Purchase Committee meeting at the secretariat.
About the stimulus package for the small and medium industries in the garment sector, the Minister said the BGMEA is yet to give the details of their small and medium-size industries to the committee formed by the government for needs assessment for the assistance.
He said that if the BGMEA is not able to give the details, it would be their problem.
Terming readymade garment as the maximum assistance-recipient sector of Bangladesh, the finance minister said that they gave a lot to this sector. "How much more could we give?" he posed the question.

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