ZCZC
BSS-28
CPD-DIALOGUE-VIRTUAL
Women need targeted support to offset the COVID-19 impact : speakers
DHAKA, April 15, 2021 (BSS) – Speakers at a virtual dialogue today said that women need targeted support to cope with the impact of COVID-19 as fiscal measures would be more effective in easing the burden of the pandemic on women than monetary measures.
They said the government of Bangladesh has aptly rolled out a number of liquidity support and fiscal stimulus packages in response to the COVID-19 pandemic.
However, these packages were not designed fully with women in mind, and hence have not been entirely successful in addressing women’s special needs during the pandemic.
These observations came up at CPD’s virtual dialogue styled “Socioeconomic Recovery Measures of the Government: How Much Women Have Benefited” held today, in partnership with UN Women.
CPD has recently undertaken a study on the above mentioned theme in collaboration with UN Women. The findings of the study were shared at the dialogue.
This study explores the gender dimension of the government’s COVID-19 policy measures and recommends policies for making the COVID-19 response work for women.
CPD’s Executive Director, Dr Fahmida Khatun made the keynote presentation during the virtual dialogue.
She presented some of the highlights from a rapid survey on women entrepreneurs’ access to the stimulus package.
In this respect, Fahmida focused on a range of issues, such as providing training for women entrepreneurs and improving women’s access to finance.
She also pointed out that child marriage, burden of unpaid care and domestic work, and violence against women are on the surge during the pandemic.
Some of the speakers at the dialogue also noted most women are unaware of the liquidity support, while some are reluctant to apply for loans despite being aware.
“Due to the economic downturn and the uncertainty regarding the future, women need cash handouts more than loans” they said.
Commenting on the promotion of the incentive package as the chief guest, Planning Minister M A Mannan, said that all should work together to bring this information to the right people.
He mentioned that the government recognizes the challenges of women during the pandemic and is working towards improving their situation.
Ms Shoko Ishikawa, Country Representative, UN Women Bangladesh Country office joined the dialogue as special guest and focused on the global picture of women due to pandemic.
She mentioned that globally, 47 million women and girls are forced into poverty because of COVID-19. She also added that all packages need to ensure adequate and transparent delivery for women.
Professor Rounaq Jahan, distinguished Fellow, CPD Chaired the dialogue.
She opined that, though COVID-19 added disadvantages for women, a plan of action for specific groups to support in specific areas for women entrepreneurs need to be prepared. A task force might be formed to monitor the progress of this work.
Micro Small and Medium Scale Enterprises are in the informal financial system and their issues cannot be solved unless they are taken to the formal banking/financial channel, said Dr Lila Rashid, Former Executive Director, Bangladesh Bank.
Selim R F Hussain, Managing Director and CEO, Brac Bank stated that banks should also focus on investing in non-financial advisory services for women entrepreneurs.
Shaheen Anam, Executive Director, Manusher Jonno Foundation; Kaniz Almas, CEO & Managing Director, Persona; Dr Fauzia Moslem, President, Bangladesh Mahila Parishad and Vidiya Amrit Khan, Director, Desh Group of Companies joined the virtual dialogue and delivered their remarks as distinguished discussants.
The dialogue was participated by relevant government officials, business leaders, development activists, experts and academics , representatives from the development partners and media professionals.
BSS/GM/SKB/1748 hrs