BB allows advance payment of $500,000 to import corona treatment materials
It has now been decided that Authorised Dealers may effect, advance payment of $500,000 for import of coronavirus related medical items
File photo - Test kits have been one of the main ways to determine if a patient has coronavirus/Collected
Bangladesh Bank (BB) will allow advance payment up to $500,000 or equivalent other foreign currencies for importing coronavirus related medical materials including lifesaving drugs, medical kits or equipment.
"To facilitate urgent medical imports required for containment of COVID-19, it has now been decided that Authorised Dealers (Ads) may effect, without repayment guarantee, advance payment up to $500,000 or equivalent other foreign currency for import of coronavirus related lifesaving drugs, medical kits or equipment and other essential medical items," a BB circular said today.
All other relevant instructions in this context will remain unchanged, the circular added.
This circular will be valid till September 30, it also said.
