Regulatory Alerts2010-10-27
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FEPD Circular No. 20: Enhancement of Export Development Fund (EDF)
The size of the Export Development Fund (EDF) is enhanced from USD 300 million to USD 400 million. This change applies to all Authorized Dealers of Foreign Exchange in Bangladesh. Instructions from FE Circular No. 25/2009 and 19/2010 remain unchanged.
Foreign Exchange Policy Department Bangladesh Bank Head Office Dhaka. Web site: www.bangladeshbank.org.bd FE Circular No. 20 Date: October 27 , 2010 All Authorized Dealers of Foreign Exchange in Bangladesh Dear Sirs, Enhancement of Export Development Fund (EDF) Please refer to FE Circular No. 25, dated December 22, 2009. 02. With a view to facilitating export trade of the country, it has been decided to enhance the size of EDF to USD 400 million from existing USD 300 million. 03. Other instructions of FE Circular No. 25/2009 and 19/2010 will remain unchanged. Please acknowledge receipt and bring the contents of this circular to the notice of all concerned. Yours faithfully, (Khandaker Abdus Salim) Deputy General Manager Phone: 7120375
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