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10 March, 2019 00:00 00 AM
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‘SME to contribute in double digit GDP’

UNB, Dhaka

Bangladesh Bank Governor Fazle Kabir yesterday said small and medium-sized enterprises (SME) can contribute to the country's journey towards achieving double-digit GDP growth. He said this while speaking at an inauguration ceremony of SME Diploma Programme at Spectra Convention Center in the capital.

It was launched with the support of EU-funded PRISM Project-Technical Assistance to BSCIC Component, in collaboration with Bangladesh Small and Cottage Industries Corporation, Daffodil International University, and Bangladesh Bank Training Academy.

Kabir said: "Bangladesh Bank is making all policy supports to encourage entrepreneurs. The diploma programme is important for creating skilled entrepreneurs. All banks have been instructed to provide at least 20 percent of the loans to SME.

"There is a good future for them (SME entrepreneurs). SME will create jobs and boost economic growth. Micro industry is also developing here, and so we have a bright future." He urged people to be entrepreneurs. "They can get loans at 2 percent interest from Entrepreneurship Support Fund," he said.

There is 10.22 percent growth of small and cottage industry and 13.7 percent in large industry in Bangladesh, the governor noted. "So, we should give priority to Small and Cottage sector to create employment," he added.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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