Bangladesh Bank (BB) has taken a decision to allow advance payment up to US$ 500,000 or equivalent other foreign currency in importing of coronavirus-related lifesaving drugs, medical kits or equipment and other essential medical items, reports BSS.
“To facilitate urgent medical imports required for containment of COVID-19, it has now been decided that Authorized 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,” said a BB circular issued on Monday.
All other relevant instructions in this context will remain unchanged, the circular added.
