Bangladesh’s central bank, Bangladesh Bank, has another Taka 30,000 crore stimulus package for the large industries, service sector entities and foreign-owned companies operating in the country.
The banking regulations and policy department of the Bangladesh Bank issued a circular in this regard, reportedly, on 28 July even if as per the circular, Taka 27,000 crore is allocated for the large industries and service sector entities and Taka 3,000 crore is allocated for foreign-owned or joint ventures with Bangladeshi firms located in BEZA, BEPZA and Bangladesh High-Tech Park areas.
According to reports, while considering the third phase of loan facilities, entities that did not get any financial support from the first and second phases should get priority in accessing the financial support by following the second phase policy instructions announced on 31 December 2021.
