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Exporters to get recession package

Govt to announce decision within a month

Staff Correspondent
The government wiU announce a combined incentive package within a month for different industries including readymade garments to stave off the fallout of the global recession.
It will also revise the present list of the beneficiaries under different programmes including social security network and elderly citizens' allowances.
Finance Minister AMA Muhith said this to reporters yesterday after a meeting with Bangladesh Finished Leather, Leather Goods and Footwear Exporters Association.
I\vo separate meetings were held yesterday with the finance minister in the chair to discuss the incentive package.
During the meeting the association leaders said the demand for leather in the world market including the USA and UK had dropped due to world economic recession. As a result they have unsold leather worth about Tk2500 crore.
Leaders at the meeting demanded loans from the
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government at low interest rate and increase in cash incentive to fight the present economic depression.
The finance minister told reporters the government was not thinking about only one sector rather it was working for the betterment of all sectors.
After the present government came to power several associations met the finance minister seeking cash subsidy and moratorium on payment of default loans for a certain period of time.
We are now working on it and it will soon be finalised, a finance ministry official said. CABINET COMMITTEE MEETS ON ALLOWANCE FOR ELDERLY CITIZEN
A meeting of the cabinet committee was held yesterday with the finance minister in the chair. The meeting took a number of decisions on the safety net programmes.
Social Welfare Minister Enamul Huq Mustafa Shahid told reporters that the meeting decided to prepare a fresh list of elderly citizens eligible for allowances.
He said during the four-party alliance government the list of elderly citizens eligible for allowance was prepared through the Gram Sarker creating a loophole for the ineligible persons to draw the allowances.
From nowon, elected representatives i.e. upazila chairmen, vice chairmen, union
parishad chairmen and members throughout the country will prepare the list.
The minister also said the government would increase the amount of allowances for elderly citizens, widows, freedom fighters, and insolvent people in the next budget.
The next budget will also see a rise in the number of recipients of those allowances, he added.
"The government will try to provide allowance to every elderly person and insolvent people in the society. List for this purpose is being prepared across the country," Mustafa Shahid said.
He said the unemployed would not be given any allowance but attempts would be made so that they can get jobs easily.