Garment business situation in Bangladesh

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) requests the government to extend the salary stimulus package by half year and put back the deadline for the repayment of the loans by one year. They warn that their industry could collapse unless the government agrees to extend a scheme to lend them money to pay workers’ wages because of the coronavirus pandemic, if repayments to the government-owned Bangladesh Bank from the end of this month many garment manufacturers may out of business.