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The Financial Express

BB to announce bailout programme for foreign trade

FE Online Report | Published: March 19, 2020 16:40:24 | Updated: March 20, 2020 10:02:53


BB to announce bailout programme for foreign trade

The central bank of Bangladesh is going to announce a bailout programme soon aiming to facilitate the country’s foreign trade that faces a setback following the coronavirus outbreak.

Under the programme, businessmen will get a series of benefits –export proceed repatriation, sublimation of bill of entry and extension of EDF tenure – for six months, according to officials. They said the businessmen will avail such facilities until September 30, 2020.

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