Bangladesh, July 30 -- The government has agreed in principle to provide a state guarantee for a Tk 10-billion Bangladesh Bank pre-finance loan facility to Probashi Kallyan Bank, aiming to strengthen workers' skills and expand access to overseas-employment opportunities.

The Financial Institutions Division (FID) under the Ministry of Finance has issued a formal recommendation to complete the necessary procedures for granting the guarantee against the pre-finance loan.

The policy initiative is intended to prepare Bangladeshi workers for high-demand overseas labour markets, including Japan, China, South Korea, Australia, Europe and North America.

Under the scheme, trainees seeking language or technical training to access these potential...