Bangladesh business community puts pressure on caretaker government to deal with financial crisis

With the general election approaching, various business groups in Bangladesh have continued to put pressure on the caretaker government, demanding immediate measures to increase cash subsidies by 10 billion taka (approximately US$140 million) to related industries, reduce taxes, and provide financing facilities. To cope with the direct or indirect impact of the international financial crisis on various industries in Bangladesh. The Bangladesh government’s cash subsidy budget for garment exports in the fiscal year 2008/09 is Taka 10.5 billion.