Momota Hena Ritu

The central bank yesterday published official guidelines permitting local enterprises to invest in other countries, marking a significant step toward capital liberalisation that will boost Bangladesh's export prospects and create jobs abroad.Exporters will need to have an adequate balance in their export retention quota accounts,Where entrepreneurs keep a portion of their export proceeds in foreign currencies. There will be a security committee comprising 15 members and it will be led by BB governor. The committee will take advice from the government to give the final approval to a firm investing abroad.