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Textile sector to acquire more credit facility

The country’s textile mills will get more credit facility from the Export Development Fund (EDF) of Bangladesh Bank (BB), reports BSS. The central bank in a circular issued on Wednesday said the limit of the EDF to the textile mills under Bangladesh Textile Mills Association (BTMA) would be $20 million from the existing ceiling of $15 million. Other terms and conditions of the EDF loan would remain unchanged, the BB circular said.