Bangladesh’s Export Facilitation Pre-finance Fund extended till 2030

Bangladesh Bank recently extended the tenure of the Export Facilitation Pre-finance Fund (EFPF) until December 31, 2030.
The fund was scheduled to expire soon.
The $814.38 million fund, created from the central bank’s own resources, will operate as a revolving fund until the end of 2030.
The aim is to boost export earnings and ensure a steady flow of foreign currency.