Accra:Bangladesh Bank has disbursed Taka 11,959.82 crore from its Taka 60,000 crore stimulus package as of October 15. An additional Taka 2,559.97 crore is currently under processing, as reported in the central bank's latest progress update.
According to Bangladesh Sangbad Sangstha, the stimulus package, which includes 15 specialized financing schemes, aims to support industrial recovery, facilitate access to finance for cottage, micro, small, and medium enterprises (CMSMEs), promote exports, strengthen agriculture, create employment, and encourage green industrial development.
As of the latest report, the financial progress under the package stood at Taka 14,519.79 crore, representing 24.20 percent of the total allocation. Direct disbursements accounted for Taka 11,959.82 crore, with Taka 2,559.97 crore still under processing.
Performance varied among the schemes, with some recording substantial disbursements. The Pre-shipment Credit Refinance Scheme was notable, disbursing Taka 6,917 crore, exceeding its target by 38.34 percent. The Cottage and Micro Sector Entrepreneurs Special Scheme achieved 50 percent of its target with Taka 2,500 crore disbursed.
Other schemes, such as the CMSME Working Capital Refinance Fund and the Creative Economy Scheme, also saw progress, while the Agriculture and Rural Food Security Refinance Scheme and others recorded minimal disbursements. Some schemes, including the Export Diversification Refinance Scheme and the Rural Economic Activity Dynamics Scheme, have yet to see any disbursements or funds under processing.