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The government has released Tk 10 billion as cash incentive for the country's exporters, according to sources.
It offers such incentive and cash subsidy against export earnings.
Finance Division issued an order to this end on March 05.
It is the third instalment of the export incentive allocated in the current financial year, 2004-25, for export sectors.
Finance Division has set certain conditions, including providing the amount to different banks and export sectors, for receiving such assistance.
Besides, the banks concerned cannot use the fund for other purposes.
The parties concerned (banks, incentive receivers) should follow the existing policy strictly, otherwise legal action would be taken for non-compliance.
The Office of the Controller General of Accounts will announce the debit authority regarding the issue soon.
The Bangladesh Bank (BB) will provide the incentive as per the demand by the respective banks for making payments to the exporters concerned.
Export-oriented sectors like ready-made garment, frozen shrimp and other fish, leather items, jute and jute products enjoy such incentives, according to an official order of the Finance Division issued recently.
Meanwhile, a special 1.0-per cent cash incentive support fund for the apparel industry has also been included in the instalment.
The government reduced rates of cash incentives against exports for all 43 categories up to 50 per cent for fiscal year 2024-25.