Photo: CollectedDHAKA, April 9, 2026 (BSS) - In a significant move to bolster the country's export earnings and ensure a steady flow of foreign currency, Bangladesh Bank (BB) has extended the tenure of the Export Facilitation Pre-finance Fund (EFPF) until December 31, 2030. To this end, the central bank today issued a circular detailing the extension of the fund which was originally set to expire soon. Under the new circular, the Taka 10,000 crore fund, created from Bangladesh Bank's own resources, will operate as a revolving fund until the end of 2030. Loans will be distributed to borrowers through participating commercial banks on a "First-Come-First-Serve" basis. To ensure transparency and effective fund management, Bangladesh Bank has mandated strict reporting schedules.
Source: Bangladesh Sangbad Sangstha April 09, 2026 10:21 UTC