News Flash
DHAKA, Feb 24, 2026 (BSS) – Bangladesh Bank (BB) Governor Dr Ahsan H. Mansur today assured the leaders of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) of providing necessary policy support to overcome the current challenges facing the Ready-Made Garment (RMG) sector.
The governor gave the assurance during an emergency meeting with a BGMEA delegation, led by Senior Vice-President Inamul Haque Khan and Vice-President Md Shihab Uddoja Chowdhury, at the Bangladesh Bank headquarters in the city, said a BGMEA press release.
The primary focus of the discussion was to address the liquidity crisis in the garment industry and ensure the timely payment of salaries and bonuses to workers ahead of the upcoming Eid-ul-Fitr.
Responding to the concerns raised by the RMG leaders, Dr. Ahsan H. Mansur stated that the central bank would take positive steps to mitigate the liquidity shortage so that factories can fulfill their financial obligations to workers before the festival.
Specifically, the governor emphasized that the central bank would prioritize the swift release of outstanding cash incentives, with a particular focus on Small and Medium Enterprises (SMEs).
He listened to the industry's grievances and reiterated that the Bangladesh Bank is committed to providing the necessary policy framework to protect the country's primary export-earning sector during this critical period.
Earlier in the meeting, BGMEA leaders highlighted a deep crisis stemming from falling global demand, rising production costs, and geopolitical instability.
They pointed out that due to general holidays for the national election and Language Day, the month of February had only 19 production days, severely disrupting shipments and creating a massive cash flow crunch.
The BGMEA delegation placed several recommendations before the governor, including immediate release of approximately Taka 5,700 crore in outstanding cash incentives for the 2025-26 fiscal year; provision of wage support loans equivalent to two months' salary, to be repaid over 12 months with a three-month grace period; enhancement of the Pre-shipment Credit Scheme fund from Taka 5,000 crore to Taka 10,000 crore and extending its tenure until 2030 and reduction of interest rates for Packing Credit (PC) to 7 percent.
The industry leaders stressed that timely intervention by the central bank is essential to maintain stability in industrial zones and safeguard the overall economic discipline of the nation.
The governor’s positive response is seen as a crucial step toward providing the necessary protection for the industry, its workers, and the national economy.
