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The Financial Express

FBCCI seeks loan moratorium till December, increased remittance incentives

| Updated: June 01, 2022 09:23:51


FBCCI seeks loan moratorium till December, increased remittance incentives

The Federation of Bangladesh Chamber of Commerce (FBCCI) has sought a special loan moratorium facility till December this year due to the global economic downfall for the Covid-19 pandemic and the Russia-Ukraine war.

The apex trade body made the demand during a meeting with the governor of Bangladesh Bank on Tuesday, reports UNB.

After the meeting, FBCCI President Md. Jasim Uddin said, "We have requested the governor of the central bank to set up a special fund for long term loans in the banks, which is very important for business.”

Moreover, FBCCI sought more remittance incentives. A remittance fighter who sends remittances from outside the country is encouraged when he gets some opportunities, even though he is being offered benefits including CIP.

After the meeting, Bangladesh Bank Executive Director and Spokesperson Sirajul Islam said, "We will consider the issues of FBCCI."

However, no decision is going to be announced now.

“The FBCCI has requested for an increase in remittance incentives, but Bangladesh Bank will not take any decision in this regard alone. This matter is related to the government,” he added.

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