DHAKA, June 30, 2024 (BSS) - The Bangladesh Bank (BB) has extended the period

for payment against imports of industrial raw materials from 180 to 360 days,
maintaining this arrangement until December 2024.

Previously, this facility was set to expire in June of the current year, as
per a BB circular issued here today.

"To facilitate trade transactions, it has been decided to extend the policy
support contained till December 31, 2024. The extended usance period will not
be applicable for imports under EDF loans as earlier. Other relevant
instructions shall remain unchanged," it added.