The government released the third installment of cash incentives amounting to Tk 11.25 billion for disbursement among major exporters for fiscal year (FY) 2017-18.
The Ministry of Finance on Wednesday requested the Chief Accounts Officer of the Finance Division to release the fund in favour of the central bank to start disbursement of the money for a period from January to March in 2018.
In the current fiscal, the government has decided to release a total of Tk 45.00 billion as cash incentive.
Of the Tk 11.25 billion cash incentives, the jute and jute product sub-sector will get Tk 1.25 billion in the third installment while the other sectors will receive the rest Tk 10.0 billion.
At present, a total of 27 export sectors are receiving cash incentive.
The sectors those are enjoying the cash subsidy include apparel manufacturing industries, frozen foods and fish, leather products, finished leather, agro-based products, agro-processing industry etc.
