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Bangladesh Bank announces export incentives ahead of LDC graduation

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To align with Bangladesh’s impending graduation from the LDC status, the country’s central bank has announced incentives across all export items.
It reduced the special incentive for the readymade garments sector from 1 per cent to 0.5 per cent.
The incentive for crust leather was reduced to nil from 10 per cent.
Exporters are unhappy over the decision.To align with Bangladesh’s impending graduation from the LDC status, the country’s central bank has announced incentives across all export items.
It reduced the special incentive for the readymade garments sector from 1 per cent to 0.5 per cent.
The incentive for crust leather was reduced to nil from 10 per cent.
Exporters are unhappy over the decision.