AreaBangladesh

Commodity GroupGrains

CommodityGrains

Date22/11/2022

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionAnnounced a BDT 5 000 crore (USD 492 million) refinance scheme for the agricultural sector, including cereals. The scheme will end on 30 June 2024 and commercial banks will extend loans to the farmers for a maximum period of 18 months with a 3 months grace period and a maximum interest rate of 4 percent.