Govt tries to create $5 billion fund for export-oriented industry: Titu

State Minister for Commerce Ahsanul Islam Titu on Sunday said the government is trying to create a US$5 billion fund for the country's export-oriented industry.

The country's balance of payments will normalise by June. The liquidity crunch for the industry may not be as big as it is thought to be," he said while meeting with a delegation of Bangladesh Chamber of Industries (BCI), led by its President Anwar-ul Alam Chowdhury at the ministry here, said a press release

Among others, BCI Senior Vice President Priti Chakraborty and Vice President Mohammad Yunus were present on the occasion, reports BSS.

Titu said as a pilot project, the government wants to provide 5 to 6 essential commodities at a fair price through the Trading Corporation of Bangladesh (TCB) to the industrial workers of Dhaka and surrounding industrial areas.