The Bangladesh Textile Mills Association (BTMA) has urged Bangladesh Bank to provide policy support on several critical issues affecting the country’s textile sector during a high-level meeting with Governor Dr. Ahsan H. Mansur on Thursday.
The BTMA delegation, led by President Showkat Aziz Russell, discussed a range of industry concerns, including access to Bangladesh Bank’s stimulus scheme for fully and partially closed industrial units, settlement of outstanding Back-to-Back Letter of Credit (Back-to-Back LC) payments, expansion of Green Transformation Fund (GTF) facilities, rationalization of interest rates for the textile sector, incentive support for industries operating in Special Economic Zones (SEZs), and the implementation of an effective exit policy for distressed industrial enterprises.The delegation also included former BTMA President A. Matin Chowdhury, Vice President Shafiqul Islam Sarkar, former Vice President Saleudh Zaman Khan, Director Chowdhury Mohammad Hanif Shoeb, former Director Mosharaf Hossain, and former Director Engr. Razeeb Haider.
According to BTMA, the discussions were held in a cordial and constructive atmosphere. The Governor and senior officials of Bangladesh Bank assured the delegation that the association’s recommendations would be carefully reviewed and considered with due importance.
Deputy Governor Sarwar Hossain, Director Harun Ar Rashid, and Liakat Ali from Bangladesh Bank also attended the meeting.
BTMA expressed its appreciation to the Governor and Bangladesh Bank officials for their positive engagement and reaffirmed its commitment to working together to enhance the sustainability and global competitiveness of Bangladesh’s textile industry.
