Bangladesh Bank unveils stimulus package

The Bangladesh — Bangladesh Bank>>>, led by Governor Mustafizur Rahman>>>, announced a 600 billion taka ($4.9-$5 billion) stimulus package to address slowing economic growth in Bangladesh>>>. The package aims to revive shuttered factories, support businesses, and create jobs, with a focus on export-oriented industries like the ready-made garment sector, agriculture, and the rural economy. The stimulus includes a 410 billion taka refinancing fund from commercial banks and 190 billion taka from the central bank's own resources, backed by a government guarantee. This initiative comes as Bangladesh>>> faces challenges from weaker global demand, higher input costs, supply chain disruptions, and rising import bills, which have contributed to a slowdown in GDP growth to 3% in the second quarter of fiscal year 2025-26, according to the Pakistan — Pakistan Bureau of Statistics>>>.