Bangla Press Desk: Three years after Bangladesh Bank imposed import restrictions to address a US dollar crisis, many of those measures remain in place – complicating trade and stalling industrial growth, despite some stabilisation in foreign currency reserves.
Banks remain cautious about opening letters of credit (LCs), forcing importers to navigate complex procedures and multiple layers of approval. At the same time, additional duties imposed by the National Board of Revenue (NBR) continue to burden businesses.
According to Bangladesh Bank data, capital machinery imports stood at over US$6.46 billion in FY 2021-22. However, the dollar shortage triggered a sharp and sustained decline and the figure dwindled to $1.98 billion at the end of FY 2024-25.
Business leaders have voiced their concerns about the country’s deteriorating business environment.
Industrial imports, credit shrink on persistent dollar crisis
Banglapress
Published: 23 September 2025, 10:25 AM
Bangla Press Desk: Three years after Bangladesh Bank imposed import restrictions to address a US dollar crisis, many of those measures remain in place – complicating trade and stalling industrial growth, despite some stabilisation in foreign currency reserves.
Banks remain cautious about opening letters of credit (LCs), forcing importers to navigate complex procedures and multiple layers of approval. At the same time, additional duties imposed by the National Board of Revenue (NBR) continue to burden businesses.
According to Bangladesh Bank data, capital machinery imports stood at over US$6.46 billion in FY 2021-22. However, the dollar shortage triggered a sharp and sustained decline and the figure dwindled to $1.98 billion at the end of FY 2024-25.
Business leaders have voiced their concerns about the country’s deteriorating business environment.
[Bangla Press is a global platform for free thought. It provides impartial news, analysis, and commentary for independent-minded individuals. Our goal is to bring about positive change, which is more important today than ever before.]
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