Dhaka, April 12 -- Commerce and Industry Minister Khandakar Abdul Muktadir on Sunday said the government has taken a Tk 300 crore (Tk 3 billion) credit wholesaling programme to support the SME sector, which is being channelled to entrepreneurs through around 15 banks and four financial institutions.

"SMEs and MSMEs are the lifeblood of the country's economy. A large part of Bangladesh's economy remains informal, where the SME sector plays a crucial role," he said while inaugurating the seven-day SME Baishakhi Fair 1433 at the Bangladesh-China Friendship Conference Centre in Agargaon.

The minister said the allocation under the credit wholesaling programme will be gradually increased to Tk 2,000 crore in the future.

He noted that strengt...