Govt to provide capital support for jobless expats
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Saturday
July 02, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
SATURDAY, JULY 02, 2022
Govt to provide capital support for jobless expats

Economy

TBS Report
20 May, 2020, 10:05 pm
Last modified: 20 May, 2020, 10:10 pm

Related News

  • Govt forms national committee on exports
  • Govt forms national committee on exports
  • HC questions provision of prior permission for arresting govt employee
  • Indian govt announcement on international tourism likely in 10 days: Officials
  • Twitter sees jump in govt demands to remove content of reporters, news outlets

Govt to provide capital support for jobless expats

Foreign minister says the government will provide Bangladeshi workers abroad with food and cash

TBS Report
20 May, 2020, 10:05 pm
Last modified: 20 May, 2020, 10:10 pm
File Photo: Mumit M/TBS
File Photo: Mumit M/TBS

The government has taken an initiative to create a fund for Bangladeshi workers abroad so that they can do businesses in those countries.

The "Covid-19 Recovery and Response Fund" will help Bangladeshi expatriates to counteract the coronavirus fallout instead of returning home empty-handed, said the Ministry of Foreign Affairs.

Foreign Minister Dr AK Abdul Momen on Wednesday said Bangladeshi expatriates who lost their jobs during the pandemic will be able to apply for loans ranging from Tk5 to Tk7 lakh from the account.     

European countries and organisations will finance the fund for Bangladeshi workers staying in Middle Eastern countries, said Momen after attending an online business support advisory meeting presided over by commerce minister Tipu Munshi.  

"There will be training programmes, and after that the workers will do business in the countries," said the foreign minister.

Dr Momen said many countries are pressurising the government to repatriate Bangladeshi workers, and he is talking to the government and several ministers about it.

"We have put forward two requests to the countries — to provide the workers with three meals a day so that they do not starve, and to observe the overall situation before sending the workers back to Bangladesh.

"Even then, if any country decides to send back our workers, the worker must be paid an amount equivalent to six months' salary," added the minister.

Momen said Singapore has promised to provide four-month salary to the workers even if they sit idle. The country will also bear the medical expenses during the period.

The foreign minister said Bahrain will not send back any workers.

He said, "Apart from the two countries, many are pressurising us to take back the Bangladeshi workers. We have asked the workers not to come back unless there are no other means to survive. We will provide them with food and cash."

Bangladesh / Top News

Govt / capital support / jobless expats

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh’s maiden underwater expressway tunnel under the Karnaphuli river is expected to open to traffic this December. About 87% of work has already completed and the installation of the road surface is underway in the first tube of the tunnel. PHOTO: Courtesy
    Karnaphuli tunnel: A potential harbinger of growth
  • Condominiums: A way to spacious living
    Condominiums: A way to spacious living
  • In rain, heat, filth – they fight against cancer
    In rain, heat, filth – they fight against cancer

MOST VIEWED

  • Photo: Collected
    Tech startup ShopUp bags $65m in Series B4 funding
  • World Bank to give Bangladesh $18b IDA loans in next five years
    World Bank to give Bangladesh $18b IDA loans in next five years
  • Infographic: TBS
    Dhaka ranks as costliest city again in South Asia for expatriates: Survey
  • Photo: Noor-A-Alam
    Dollar crisis intensifies LC payment pressure as taka weakens
  • New monetary policy with higher policy rate comes Thursday
    New monetary policy with higher policy rate comes Thursday
  • Bangladesh expects $5.5b from WB, IMF in budget support
    Bangladesh expects $5.5b from WB, IMF in budget support

Related News

  • Govt forms national committee on exports
  • Govt forms national committee on exports
  • HC questions provision of prior permission for arresting govt employee
  • Indian govt announcement on international tourism likely in 10 days: Officials
  • Twitter sees jump in govt demands to remove content of reporters, news outlets

Features

The eye-catching commuter: Suzuki Gixxer SF 155

The eye-catching commuter: Suzuki Gixxer SF 155

2h | Wheels
Photo: Collected

Sapiens – A Graphic History 

1d | Book Review
Black-naped Monarch male  Photo: Enam Ul Haque

Black-naped Monarch: A sovereign who never abandoned the Indian subcontinent

1d | Panorama
The 136-year-old company on its last legs

The 136-year-old company on its last legs

1d | Features

More Videos from TBS

Dhaka University celebrating 102nd founding anniversary today

Dhaka University celebrating 102nd founding anniversary today

23h | Videos
Ctg Int'l Trade Fair returns after a 2-year hiatus without Covid restrictions

Ctg Int'l Trade Fair returns after a 2-year hiatus without Covid restrictions

1d | Videos
Bangladeshis among top 6 nationalities seeking asylum in Europe

Bangladeshis among top 6 nationalities seeking asylum in Europe

1d | Videos
RUET organises Robotronics 2.0

RUET organises Robotronics 2.0

1d | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Meet the man behind 'Azke amar mon balo nei'
Splash

Meet the man behind 'Azke amar mon balo nei'

3
Photo: TBS
Bangladesh

Motorcycles banned on Padma Bridge 

4
Photo: Collected
Economy

Tech startup ShopUp bags $65m in Series B4 funding

5
World Bank to give Bangladesh $18b IDA loans in next five years
Economy

World Bank to give Bangladesh $18b IDA loans in next five years

6
Investor Hiru fined Tk2cr for market manipulation
Stocks

Investor Hiru fined Tk2cr for market manipulation

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
The Dazzling Fake Flowers: Is there any alternative to artificial flowers while decorating homes, showrooms, offices and business establishments? Fresh flowers are undoubtedly beautiful, but they dry out quickly. Hence, the demand for plastic flowers is rising day by day. Traders said these lifelike silk flowers usually come from China and Thailand. The photo was taken from the 29th International Trade Fair of the Chattogram Chamber on Friday. PHOTO: Mohammad Minhaj Uddin

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net