Published 3 months ago

Bangladesh weans garment industry off subsidies for new-look economy

Summary by Ground News

Bangladesh is preparing to graduate out of Least Developed Country status in 2026. The central bank at the end of January announced it was cutting export incentives. The move is specifically targeting the country's main export earner -- the ready-made garment (RMG) sector.

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Bangladesh weans garment industry off subsidies for new-look economy

DHAKA -- Bangladesh has begun a process of unwinding subsidies and preparing to graduate out of Least Developed Country status in 2026, prompting an o

3 months ago·Japan

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