Bangladesh Bank relaxed policy on importers

BTJ Desk Report
Bangladesh Bank further curtails Export Development Fund by $200m

Bangladesh Bank, the Central bank of Bangladesh announced to relax its regulations in import of industrial raw materials, it allowing the banks to extend period in import up to maximum one year instead of six months.

A senior spokesman of Bangladesh Bank told to media “We’ve relaxed our regulations to facilitate local industries that are now facing troubles due to supply chain disruption, caused by the coronavirus outbreaks” said a senior official of the Bangladesh Bank while explaining the main objective of the latest policy.


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