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Run-up to budget for FY2021-22 Raise allocation for health, safety net Says Sanem, urging govt to allocate more for education as well Star Business Report Star Business Report The health, education, safety net, and agriculture sectors should be on top of the priority list in the next national budget to protect the people and revive the economy from the prolonged coronavirus pandemic, said the South Asian Network for Economic Modeling (Sanem) yesterday. The 0.92 per cent allocation for the health sector is too low in terms of GDP and the extreme vulnerability of the sector has been exposed during the pandemic, the think-tank said. ....
Prioritizing of health, education, social safety net, agriculture stressed in budget; SANEM bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
Small businesses see stimulus funds at last The cottage, micro, small and medium enterprises, who were among the worst hit for the pandemic, appears to have started seeing the stimulus funds of late after initial reluctance from banks in disbursing credit to the sector. So much that the disbursement to the sector has overtaken that to the large industries, which had started on a blistering pace. As of March, 72.3 percent of the Tk 20,000 crore announced for the CMSME sector on April 13 last year has been disbursed to 91,427 firms, according to a finance ministry document. There was much outrage about the slow disbursement in the media and at the policymaking level, said Zaid Bakht, chairman of Agrani Bank. ....