Bangladesh Bank has announced a Tk 600 billion stimulus package aimed at revitalizing the economy by reopening closed factories, boosting agricultural production, expanding exports, and creating new jobs. Of the total, Tk 410 billion will come from commercial banks, while the central bank will refinance Tk 190 billion. Borrowers will pay a 7 percent interest rate, with the government subsidizing 6 percent. The central bank expects the initiative to generate employment for over 2.5 million people. Governor Mostakur Rahman made the announcement at a press conference in Dhaka on Saturday.

The governor said economic growth had slowed over the past three years, with GDP falling from 5.8 percent to an estimated 3.7 percent. Key sectors such as garments, textiles, ceramics, IT, and manufacturing have been hit hard. The package allocates funds across multiple sectors, including Tk 200 billion for closed industries and services, Tk 100 billion for agriculture and rural activities, and Tk 30 billion for export diversification. The central bank will also support creative and green investments.

Rahman emphasized that strict measures have been introduced to prevent misuse of funds, excluding willful defaulters. He added that the scheme will not inject new money into the market, as it will operate through existing bank liquidity.