The Bangladesh Bank on Thursday declared a fresh stimulus package of Tk 1,000 crore for hotel, motel and theme park, hit by ongoing Covid-19 pandemic.
The owners of the business entities will be able to receive fund from the package at 4 per cent interest rate, the central bank said in a circular.
Banks, nevertheless, will enjoy 8 per cent interest rate and the government will pay the remaining 4 per cent as subsidy.
The loans availed under the stimulus package can be used only to provide salary of employees of hotels and theme parks.
The repayment tenure of the fund is a maximum one year, said the BB circular.
