3000 crores of cash assistance to increase exports by central bank

Photo: Collected

News Desk: Bangladesh Bank gave big news to encourage export trade of the country. All applications for cash assistance received till April 30 of the current financial year have been disposed of. Under this, the government has paid about 3 thousand 100 crores to the exporters.

‎This huge amount of cash assistance has been given to boost the export sector, the main driving force of the country's economy. Bangladesh Bank said that all the applications submitted till April 30 have been paid.

Out of this total allocation of 3 thousand 100 crore rupees, the ready-made garment sector has received a large share. More than 2 thousand 900 crore rupees have been paid in this sector. And the rest of the money has been given to the exporters of golden fiber or jute sector.

Businessmen and related people think that this timely action of the government will bring back vitality in the export trade and Bangladesh's capacity in the global market will increase.