A delegation of the Bangladesh Textile Mills Association (BTMA) met with Governor of Bangladesh Bank Md. Mostaqur Rahman at the central bank headquarters in Motijheel on Wednesday to discuss critical issues affecting textile industry and seek necessary policy support.
The delegation led by BTMA President Showkat Aziz Russell, submitted a formal letter to the Governor highlighting priority areas aimed at ensuring the sustainable growth and competitiveness of the key sector.
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The priority demands and issues raised by the BTMA in the letter include:
Access to the central bank's stimulus scheme for fully and partially closed industrial units.
Prompt settlement of outstanding payments against Back-to-Back Letters of Credit (LCs).
Allocation of Green Transformation Fund (GTF) facilities.
Rationalization of interest rates specifically for the textile sector.
Incentive support for industries situated in Special Economic Zones (SEZs).
Implementation of an effective Exit Policy for distressed industrial enterprises.
The BTMA 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.
From the central bank, Deputy Governor Sarwar Hossain, Directors Harun Ar Rashid, and Liakat Ali were present at the meeting, according to a press release.