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The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) wrote to the Ministry of Finance to retain the cash incentive facility in the export sector until 2026.
In a letter to the ministry, FBCCI president Mahbubul Alam said, "Since there is a scope to provide cash assistance till 2026, it is necessary to maintain this.”
He also urged the ministry to increase the incentive in some fields if possible. The FBCCI president wrote the letter to the ministry on February 3, as per UNB reports.
Bangladesh Bank (BB) on January 30, 2024, announced the stopping of the cash benefits for 43 export sectors, including readymade garments and leather, for six months up to June this year as part of Bangladesh's preparations for graduation from LDC status.