Dhaka, March 17 -- Bangladesh Bank has introduced a significant policy change to enhance business growth and employment in the Cottage, Micro, Small, and Medium Enterprises (CMSME) sector.

Under the new policy, the central bank has mandated that 27 percent of loans be allocated to the CMSME sector for the next five years.

This initiative was announced during a press conference held at Bangladesh Bank's headquarters in Motijheel on Monday.

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Mustafizur Rahman, Executive Director of Bangladesh Bank; Noushad Mustafa, Director of the SME Department; and Habibur Rahman, Assistant Spokesperson, were present at the press conference.

As part of the new policy, people involved in f...