Dhaka, Nov. 13 -- Bangladesh Bank (BB) has extended the tenure of the Tk 250 billion (Tk 25,000 crore) pre-financing scheme designated for the Cottage, Micro, Small, and Medium Enterprises (CMSME) sector.

The central bank issued a circular on Wednesday announcing that the scheme, which originally had a three-year tenure, will now continue until a subsequent directive is provided.

The directive is effective immediately,report Bss.The decision to keep the financing scheme operational was made based on several key considerations.

A primary factor is that the CMSME sector is recognized as a government priority sector. Additionally, there is extensive demand for the scheme among entrepreneurs.

The continuation of the scheme also specifical...