BCS Update
07/11/2021
Seat Plan of BB AD
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01/08/2021
https://www.jagonews24.com/m/education/news/688139
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đŠ Daily Translation Practice đŠ
Collected by: Abdul Kaium
The Financial Express
13/07/2021
E to B
====================â =====â ===============
1) Tk 400b stimulus enters 2nd phase.
2) Implementation process of the second phase of the stimulus package worth Tk 400 billion for large industries and service sector business entities has started with the inclusion of foreign-owned companies operating in Bangladesh, officials said.
3) The central bank has already sent limits to all scheduled banks, like the previous year, for ex*****on of the second phase of the stimulus package for large industries and service sector entities to help revamp the coronavirus-hit economy.
4) The second phase of the financial package has started after 98 per cent implementation of the first phase of the package as on June 30, according to the central bank officials.
5) The borrowers, who availed assistance from the first phase of the package, would not be eligible for the second phase in line with the Bangladesh Bank's (BB) policy.
6) As per the BB's policy, the package will be continued for three years from April 14, 2020, while a borrower will be entitled to enjoy interest subsidy at 4.50 per cent for maximum one year.
7 Actually, the borrowers will pay interest rate at 4.50 per cent out of the 9.0 per cent under the package, while the remaining 4.50 per cent will be paid by the government as interest subsidy to the banks concerned.
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