Govt launches $7.5 million Covid-19 response fund for private enterprises
Star Business Report
Star Business Report
The commerce ministry today launched a $7.5 million Covid-19 response fund to help private enterprises procure plant equipment and produce medical and personal protective equipment in the country.
Commerce Minister Tipu Munshi virtually announced the commencement of the fund called "Covid-19 Enterprise Response Fund (CERF) or Window-4" initiated with the support of the World Bank.
Under the CERF, the fund will support private enterprises to procure plant equipment and produce medical and personal protective equipment on a sustainable manner, said Md Hafizur Rahman, project director and additional secretary of the ministry.