Dhaka, July 5 -- Bangladesh Bank (BB) on Sunday issued fresh directives regarding the appointment of audit firms to examine applications for alternative cash assistance and export subsidies in customs bonds and duty draw-backs for export-oriented domestic textile and other applicable sectors.

According to a circular issued by the Foreign Exchange Policy Department-1 (FEPD-1) of the central bank, banks can now appoint audit firms to scrutinize cash incentive applications for exports made in FY2026-27, subject to a 'No Objection Certificate' (NOC) from the FEPD-1.

BB announces export incentives for 43 sectors for Fy26-27

The circular, signed by FEPD-1 Director Md. Harun-Ar-Rashid, stated that banks may engage an equal number of audit fir...