BB enhances usance period for raw materials import in power sector

DHAKA, Bangladesh Bank (BB) has enhanced the usance

period up to 360 days from 180 days for import of raw materials in the power

generating enterprises.

To facilitate power sector industry, it has now been decided to enhance

usance period up to 360 days from 180 days for import of raw materials in the

case of power generating enterprises only, according to a BB circular issued

here today.

Other instructions in this regard shall remain unchanged, the circular

added.

Source: Bangladesh Sangbad Sangstha (BSS)