Home Street Fashion BGMEA seeks export incentive funds to pay wages to Bangladesh workers

BGMEA seeks export incentive funds to pay wages to Bangladesh workers

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Trade body BGMEA recently urged Bangladesh Bank governor Ahsan H Mansur to release export incentive funds so that factories can pay wages and bonuses ahead of the Islamic festival of Eid-ul-Fitr.
Its representatives said delayed disbursements are pushing factories into a severe liquidity crisis.
Around Tk 57 billion in textile and garment sector incentives remain unsettled in this fiscal.Trade body BGMEA recently urged Bangladesh Bank governor Ahsan H Mansur to release export incentive funds so that factories can pay wages and bonuses ahead of the Islamic festival of Eid-ul-Fitr.
Its representatives said delayed disbursements are pushing factories into a severe liquidity crisis.
Around Tk 57 billion in textile and garment sector incentives remain unsettled in this fiscal.