Dhaka, April 6 -- The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged Bangladesh Bank (BB) to double the Export Development Fund (EDF) to $5 billion to support exporters amidst ongoing global economic challenges.

The demand was placed at a meeting with BB Governor Mostaqur Rahman, held at the central bank on Monday.

The apex trade body also proposed increasing the "Single Borrower Exposure Limit" from the current 15% to 25% to accommodate the rising costs of doing business.

FBCCI calls for policy continuity, tax reforms to boost investment in FY27 budget

During the discussion, the FBCCI representatives further advocated for keeping interest rates within single digits and relaxing loan default regulations....