January 28, 2020
The government has released the third instalment of export subsidy amounting to Tk 18.31 billion for the fiscal year (FY) 2019-20.
The cash incentive will be disbursed among the exporters during the January- March period of 2020, according to a circular issued by the Ministry of Finance on Monday.
Of the total amount, jute and jute products sub-sector will get Tk 1.25 billion and other sectors will receive Tk 17.06 billion.
In the current fiscal, the government has decided to release a total of Tk 73.25 billion as cash incentive for the exporters.
At present, more than 30 export-oriented sectors are enjoying the cash incentive including apparel manufacturing industries, frozen foods and fish, leather products, jute and jute goods, agro-based products, agro-processing industry etc.
