The Bangladesh Chamber of Industries (BCI) has called for an immediate increase in the supply of sufficient dollars to facilitate the import of industrial raw materials.
During a meeting with Bangladesh Bank Governor Abdur Rauf Talukder, the BCI delegation, led by President Anwar-ul Alam Chowdhury (Parvez), highlighted the challenges faced by industrial institutions, including reduced sales, high inflation, elevated interest rates, and increased utility prices.
The BCI leaders emphasized the urgent need for dollar supply to open letters of credit for importing raw materials, as the current dollar crisis hinders industrial operations. They also raised concerns about delayed cash incentives for export-oriented industries, affecting tax payments and employee salaries.
The BCI urged the government to expedite the release of cash incentives and implement measures to support the Small and Medium-sized Enterprises (SME) sector, particularly affected in the current economic situation.
