https://www.thedailystar.net/business/news/unprecedented-bailout-package-the-way-1885042

I found the above article in a paper from April 14. According to this article there is an unprecedented bailout package on the way for the citizens in Bangladesh. The package is currently under planning so it is not in effect yet. The government of Bangladesh is planning this rescue package to bail out the low-income group of the society, and the businesses and industries of whom are most suffering from the consequences of the covid-19 pandemic. Certain food items such rice and some essential items would be available at discounted prices and loans would carry no interest and the repayment period would be extended during this difficult time. Furthermore, the government would pay the salaries and wages if factories are shut down because of covid-19. Bangladesh is looking to secure funds to implement the bailout plan from institutions as the International Monetary Fund or the World Bank. Furthermore, the Asian Development Bank has announced a $6.5 billion initial package to help developing countries in Asia and would provide $500 million to Bangladesh in order to help the country improve its health system and assist the vulnerable groups.

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