On December 29, Bangladesh Bank had issued a circular allowing a maximum 270-day deferred payment facility for the import of industrial raw materials. With the latest decision, LPG imports have now been brought under the same facility. Industry insiders believe the decision will help reduce immediate foreign exchange pressure linked to LPG imports and lower the risk of supply disruptions in the domestic market. In this context, the government had recommended that Bangladesh Bank facilitate LPG imports, sources said. The circular, issued by Bangladesh Bank’s Foreign Exchange Policy Department-1, was signed by the department Director Md Harun-or-Rashid.
