Announcement
27 Apr 2020
Bangladesh has announced a reduction in the interest rate for agricultural loans in response to the COVID-19 pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Apr 2020
Revocation date:
30 Jun 2021
Updated: 27 Apr 2020
Interest payment subsidy
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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