Dhaka, Feb. 16 -- The Bangladesh Bank (BB) has eased its loan rescheduling policy for raw jute exporters, offering them favourable terms for the next two years.

"Raw jute exporters can reschedule loans with a 2.0 per cent down payment of their outstanding loans," reads a circular of the central bank issued Sunday.

The loan outstanding will be calculated based on March 31, 2024.

As a result, the traders can get loans from scheduled banks as their moratorium will be accepted by banks.

Though Bangladesh is the global top raw jute exporter country, the traders have faced some difficulties in exporting the item in the last few years.

Published by HT Digital Content Services with permission from The New Nation....