Photo : BSS

DHAKA, Oct 30, 2024 (BSS) - Bangladesh Bank (BB) has withdrawn cash incentive to export shoes and bags made of a mixture of synthetic materials and fabrics under the bond and duty drawback facilities.
 
The changes will come into effect for shipped goods from 1 February 2024, according to a circular issued by Bangladesh Bank's Foreign Exchange Policy Department (FEPD).
 
Currently, the government offers an 8 percent incentive on such exports.