Govt to provide cash assistance to 34 sects for export

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Business Desk :
To encourage export-oriented trade, the government has decided to provide subsidy or cash assistance to 34 sectors including four new sectors in the country.
The new sectors include- tea, bicycles and their parts, MS steel products, and produced cement sheets.
The exporters will enjoy the facility in the fiscal year 2021-22.
Bangladesh Bank will issue a circular in this regard on Monday, bank sources said.
According to sources, the government will provide 4% cash assistance to the four new sectors in return to goods exported in the 2020-21 financial year.
In addition, cash assistance will be provided to EPZ (Export Processing Zone) and EZ (Economic Zone) exporters of the A and B categories this year.

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