State Minister for Commerce Ahsanul Islam Titu announced the government’s efforts to establish a $5 billion fund for the country’s export-oriented industry. During a meeting with a delegation from the Bangladesh Chamber of Industries (BCI), led by its President Anwar-ul Alam Chowdhury, Titu expressed optimism that the country’s balance of payments would normalize by June.
He reassured that the perceived liquidity crunch for the industry might not be as severe as anticipated. The meeting, as per a press release, was attended by BCI Senior Vice President Priti Chakraborty and Vice President Mohammad Yunus, among others. Titu also mentioned the government’s intention to launch a pilot project aimed at providing five to six essential commodities at fair prices through the Trading Corporation of Bangladesh (TCB) to industrial workers in Dhaka and surrounding industrial areas.
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