Govt to provide capital support for jobless expats | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
May 10, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, MAY 10, 2025
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 to procure 200 double-cabin pickups for police
  • Govt extends tenure of inquiry commission on enforced disappearance till 30 June
  • Govt to distribute 7 lakh tonnes of food in March-April, DCs to oversee Ramadan supply
  • Govt employees to receive dearness allowance
  • Govt to brief diplomats on minority issues today

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.     

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

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

  • India's air defence system intercepts objects in the sky during a blackout following multiple blasts in the city of Jammu, May 9, 2025 REUTERS/Adnan Abidi
    Blasts rock Indian Kashmir, Amritsar as Pakistan conflict escalates
  • Shahbag filled with thousands demanding ban on AL on 9 May. Photo: Md Foisal Ahmed/TBS
    Demand to ban AL: Shahbagh blockade to continue, mass rally Saturday at 3pm, says Hasnat
  • Photo: Collected
    Freight train derails in Brahmanbaria; Dhaka's rail link with Ctg, Sylhet snapped

MOST VIEWED

  • Infographic: TBS
    Only 6 of Bangladesh's 20 MiG-29 engines now work – Tk380cr repair deal on table
  • Bangladesh Bank. File Photo: Collected
    Bangladesh Bank tightens credit facility for bank directors and affiliates
  • ‘I killed my father, come arrest me’: Young woman calls 999
    ‘I killed my father, come arrest me’: Young woman calls 999
  • Shahbag filled with thousands demanding ban on AL on 9 May. Photo: Md Foisal Ahmed/TBS
    Demand to ban AL: Shahbagh blockade to continue, mass rally Saturday at 3pm, says Hasnat
  • Unfographic: TBS
    Depleting reserves, deepening crisis: Why gas shortfall has no quick fix
  • China's J-10 fighter jets from the People's Liberation Army Air Force August 1st Aerobatics Team perform during a media demonstration at the Korat Royal Thai Air Force Base, Nakhon Ratchasima province, Thailand, 24 November 2015. REUTERS/Athit Perawongmetha/File Photo
    Pakistan's Chinese-made jet brought down two Indian fighter aircraft, US officials say

Related News

  • Govt to procure 200 double-cabin pickups for police
  • Govt extends tenure of inquiry commission on enforced disappearance till 30 June
  • Govt to distribute 7 lakh tonnes of food in March-April, DCs to oversee Ramadan supply
  • Govt employees to receive dearness allowance
  • Govt to brief diplomats on minority issues today

Features

Kadambari Exclusive by Razbi’s summer shari collection features fabrics like Handloomed Cotton, Andi Cotton, Adi Cotton, Muslin and Pure Silk.

Cooling threads, cultural roots: Sharis for a softer summer

10h | Mode
Graphics: TBS

The voice of possibility: How Verbex.ai is giving AI a Bangladeshi accent

11h | Panorama
Graphics: TBS

Why can’t India and Pakistan make peace?

1d | The Big Picture
Graphics: TBS

What will be the fallout of an India-Pakistan nuclear war?

1d | The Big Picture

More Videos from TBS

IPL Suspended Until Further Notice

IPL Suspended Until Further Notice

11h | TBS Stories
Cardinal Prevost elected Pope Leo XIV

Cardinal Prevost elected Pope Leo XIV

15h | TBS Stories
Pakistan’s F-16 jet shot down by India

Pakistan’s F-16 jet shot down by India

16h | TBS World
Why is China confident that the U.S. will lose the trade war?

Why is China confident that the U.S. will lose the trade war?

1d | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

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