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Bangladesh: Interest subsidy on agricultural loans in response to the COVID-19 pandemic

Description

On 27 April 2020, the Bangladesh Bank issued a Circular reducing the interest rate on agricultural loans from 9% to 4%. The differential interest of 5% will be borne by the central bank. This reduced ...

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Intervention Details

Intervention Type

Interest payment subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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