The new government has decided to waive agricultural loans of up to 10,000 taka, including interest, for farmers across Bangladesh. The decision was made on Thursday, February 26, 2026, during the first cabinet meeting chaired by Prime Minister Tarique Rahman at the Secretariat. According to official estimates, around 1.2 million farmers will be freed from a total debt burden of approximately 1,550 crore taka.

Cabinet Secretary Md. Nasimul Gani informed reporters that the initiative aims to strengthen farmers’ financial capacity and revitalize the agricultural sector. The waiver applies to outstanding loans of up to 10,000 taka, covering both principal and interest, and will directly benefit marginal farmers who have struggled to repay small loans.

According to Bangladesh Bank data, government and private commercial banks, as well as specialized banks, are owed about 1,550 crore taka in agricultural loans as of February 25. These loans will now fall under the waiver scheme, providing direct relief to about 1.2 million farmers nationwide.