FEPD Circular Letter No. 14: Expansion of scope of Green Transformation Fund

Financing from the Green Transformation Fund is now admissible to all manufacturer-exporters, regardless of sector, for the import of capital machinery and accessories to implement specified green or environment-friendly initiatives. This decision expands the previous eligibility which was restricted to export-oriented textile, leather, and jute sectors. All other existing instructions regarding the fund remain unchanged.

Get BB alerts — same-day email on every new publication.

Foreign Exchange Policy Department
Bangladesh Bank
Head Office
Dhaka www.bb.org.bd
FE Circular Letter No.-14 Date: June 26, 2019
All Authorized Dealers of
Foreign Exchange in Bangladesh
Dear Sirs,
Expansion of scope of Green Transformation Fund.
Please refer to FE Circular No.-02, dated January 14, 2016 and its subsequent circulars in terms of which financing from Green Transformation Fund (GTF) is accessible by export oriented textile, leather and jute sectors to import capital machinery and accessories for implementing specified green/environment–friendly initiatives.
02. To widen the scope of GTF, it has now been decided that financing from GTF will
also be admissible to all manufacturer-exporters irrespective of sectors against import of capital machinery and accessories for implementing specified green/environment–friendly initiatives. Other instructions in this regard shall remain unchanged. Please bring the contents of this circular to the notice of all your concerned clientele. Yours faithfully, (Mohammad Khurshid Wahab) General Manager Phone: 9530123

Read the rest free

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Timeline

This document amends: FEPD Circular No. 02: Green Transformation Fund for export oriented textile and leather manufacturing industries

Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works