Biz-Econ

15pc cash support in rice export

The government will give 15 percent cash support (subsidy) in exporting rice in current 2019-20 financial year aims to encourage export business.

But the establishments situated in specialized zones (EPZ, EZ) won't get the facility.

Foreign Exchange Policy Department of Bangladesh Bank (BB) in a statement on Thursday made the disclosure.

The government will provide subsidy against export of rice produced through processing from paddy with an objective of encouraging export business.