Dhaka, Feb. 25 -- Apparel manufacturers have requested the Bangladesh Bank (BB) governor to release funds from export incentives to facilitate the payment of employee salaries and bonuses ahead of Eid-ul-Fitr.
Leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) made the request to Dr Ahsan H Mansur during a meeting at the central bank headquarters in the capital on Tuesday.
A large number of applications for cash incentives remain pending due to the complexities in the lien bank and Bangladesh Bank audit processes.
In the ongoing fiscal year, approximately Tk 57 billion in incentives for the textile and garment sector remains unsettled.
The quick disbursement of the funds would help ease the liquidity cri...
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