Dhaka, Jan. 12 -- Bangladesh Bank has relaxed import rules for liquefied petroleum gas, permitting importers to use credit facilities of up to 270 days, a move aimed at easing dollar liquidity pressure and ensuring steady LPG supplies in the domestic market.

Under the new arrangement, LPG imports will now be treated as industrial raw materials, enabling businesses to import LPG on deferred payment terms through suppliers' credit or buyers' credit for a maximum period of 270 days, according to a circular issued by the central bank on Monday.

The circular, sent to all scheduled banks by the Foreign Exchange Policy Department of Bangladesh Bank, noted that LPG is primarily imported in bulk and subsequently bottled for distribution.

Consid...