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Bangladesh Bank has allowed importers to bring in 10 essential commodities on up to 90 days’ credit to help keep prices affordable and ensure an uninterrupted supply ahead of the upcoming Ramadan.
The central bank’s Foreign Exchange Policy Department (FEPD) issued a circular on Wednesday (11 November), notifying authorised dealer (AD) banks of the facility.
The eligible commodities are rice, wheat (flour), onions, lentils, edible oil (soybean and palm), sugar, chickpeas, peas, spices and dates.
The facility will remain effective until 15 March 2027, according to the circular signed by Nasima Sultana, director of FEPD-1.
The circular said other existing relevant instructions would remain unchanged.
Banks have been instructed to promptly inform their respective clients about the facility.