BB enhances usance period for raw materials import in power sector

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Economic Reporter :
Bangladesh Bank (BB) has enhanced the usance period up to 360 days from 180 days for import of raw materials in the power generating enterprises.
“To facilitate power sector industry, it has now been decided to enhance usance period up to 360 days from 180 days for import of raw materials in the case of power generating enterprises only,” according to a BB circular issued here on Wednesday.
Other instructions in this regard shall remain unchanged, the circular added.
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