Change in deferred payment of import: BB

Bangladesh Bank (BB) has brought a change in the deferred payment against the import bill regarding the import of different goods. A circular of the Foreign Exchange Policy Department (FE Circular No 27, dated July 01, 2014) said it has since been decided that the exemption from quarterly installment repayment will apply regardless of import value in case of deferred payment imports of up to six months term in bulk for the some unprocessed, crude food items, according to a news agency.