Dhaka, March 11 -- Bangladesh Bank (BB) Governor Md. Mostaqur Rahman on Wednesday assured garment exporters that cash incentives would be released on a monthly basis to ease the ongoing liquidity crisis in the country's readymade garment (RMG) sector.
The Governor made this commitment during a meeting with a delegation from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), led by its President Mahmud Hasan Khan, at the central bank headquarters.
During the meeting, the BGMEA President highlighted the multifaceted challenges facing the industry due to global economic instability and internal constraints.
He noted that while many banks have restructured loans, they are not providing sufficient working capital, hinde...
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