Home breadcru News breadcru Import/Exports breadcru 43 export products to get cash incentives in FY24: Bangladesh Bank

43 export products to get cash incentives in FY24: Bangladesh Bank

25 Aug '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

Insights

  • Bangladesh will offer cash incentives for exporting 43 products this fiscal, a circular by the central bank's foreign exchange policy department said yesterday.
  • The incentives will be offered at rates ranging between 1 per cent and 20 per cent.
  • The applications will be audited by firms approved by the central bank and selected by the respective banks.
Bangladesh will offer cash incentives for exporting 43 products this fiscal, according to a circular issued by the foreign exchange policy department of the Bangladesh Bank (BB) yesterday.

The incentives will be offered at rates ranging between 1 per cent and 20 per cent as was received in the last fiscal.

The applications will be audited by firms approved by the central bank and selected by the respective banks, Bangladesh media reports said.

A formal application must be submitted to the central bank, however, if expediting the audit process requires the appointment of additional firms.

ALCHEMPro News Desk (DS)

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