Close on heels of some speakers at a recent programme calling for transparency in the use of RMG stimulus loan, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), the apex apparel makers’ body in the country, has reportedly underlined that transfer of funds from banks directly to the garment workers’ accounts, best exemplifies the transparency in the use of stimulus loan.
The garment makers’ body, in a press communique, underlined that through banks and MFS (mobile financial service providers), the entire amount of loans under the stimulus package goes directly to the garment workers’ accounts from the Government treasury, while adding that as such the question of embezzling it or investing the same someplace else, is absurd.
Any kind of confusion in this case is thus not desirable at all, BGMEA maintained.
It may be mentioned here that taking part at the launch of a new project of Naripokkho, which is one of the leading women’s rights organisation in Bangladesh, representatives of NGOs (both global and local) stated it need to be ensured that entrepreneurs, who took RMG stimulus loan, spend the same to pay workers’ wages and went on to add that maintaining documentation and clarity of use of the package is the sole way to make the stimulus fruitful.
