Business

Deferred import payment facility for 8 commodities

Govt to form banking commission for financial reforms
Representational image. Star file photo

The central bank today allowed the import of edible oil, chickpea, pulse, pea, onion, spices, sugar and date on usance terms for up to 90 days under supplier's or buyer's credit.

The move was taken to facilitate import transactions, said the Bangladesh Bank in a notice.

The facility will remain applicable for the initiation of imports till March 31, 2023.

In international trade, usance is the allowable period of time, permitted by custom, between the date of the bill and its payment. It is also the interest charged on borrowed funds.

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Deferred import payment facility for 8 commodities

Govt to form banking commission for financial reforms
Representational image. Star file photo

The central bank today allowed the import of edible oil, chickpea, pulse, pea, onion, spices, sugar and date on usance terms for up to 90 days under supplier's or buyer's credit.

The move was taken to facilitate import transactions, said the Bangladesh Bank in a notice.

The facility will remain applicable for the initiation of imports till March 31, 2023.

In international trade, usance is the allowable period of time, permitted by custom, between the date of the bill and its payment. It is also the interest charged on borrowed funds.

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আ. লীগ নিষিদ্ধের জন্য পাড়ায়-মহল্লায় জনতার আদালত তৈরি করব: নাহিদ ইসলাম

তিনি বলেন, অন্তর্বর্তী সরকারকে জুলাই সনদ কার্যকর করতে হবে এবং সনদে স্পষ্টভাবে আওয়ামী লীগ নিষিদ্ধের কথা থাকতে হবে।

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