Muhith's rejection to hurt garment sector: BGMEA
Sunday, 6 September 2009
FE Report
The country's apex apparel body said Saturday that Finance Minister AMA Muhith's rejection of providing incentive package to the garment factories would hurt the sector to a great extent.
They, however, said that they would pay wages and allowances to the workers on the occasion of Eid-ul-Fitr by borrowing loans from banks.
"We'll give wages and allowances to the workers by borrowing loans from banks as we will have to continue our production," said Faruque Hasan, acting president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Finance Minister AMA Muhith Friday said the apparel exporters demand to give Tk 30 billion from the government's incentive package to pay workers' wages and allowances ahead of Eid-ul-Fitr is unacceptable.
Earlier, Thursday the BGMEA urged the government to release Tk 30 billion to pay the wages and allowances on the occasion of Eid-ul-Fitr.
The country's apex apparel body said Saturday that Finance Minister AMA Muhith's rejection of providing incentive package to the garment factories would hurt the sector to a great extent.
They, however, said that they would pay wages and allowances to the workers on the occasion of Eid-ul-Fitr by borrowing loans from banks.
"We'll give wages and allowances to the workers by borrowing loans from banks as we will have to continue our production," said Faruque Hasan, acting president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Finance Minister AMA Muhith Friday said the apparel exporters demand to give Tk 30 billion from the government's incentive package to pay workers' wages and allowances ahead of Eid-ul-Fitr is unacceptable.
Earlier, Thursday the BGMEA urged the government to release Tk 30 billion to pay the wages and allowances on the occasion of Eid-ul-Fitr.