The government has released the second installment of cash incentives amounting to Tk 11.25 billion among major exporters for the fiscal year 2017-18.
The ministry of finance on Sunday advised the Chief Accounts Officer of the Finance Division to release the fund in favour of the central bank so that it can start the disbursement of money from October through December.
This year, the government has decided to release a total of Tk 45 billion in cash incentives.
Of the second tranche, the jute and jute product sub-sector will get Tk 1.25 billion, while the rest Tk 10.0 billion will be shared by other sectors, Finance Division said in a statement.
At present, a total of 27 export sectors are receiving cash incentives.
The sectors that are enjoying the cash subsidies include apparel manufacturing, frozen foods and fish, leather products, finished leather, agro-based products, and agro-processing.
