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Financing crunch hits agri-machinery imports, slowing mechanisation

Traders are struggling to import agricultural machinery due to a financing crunch caused by funds being tied up in letters of credit (LCs).

TBS Bangladesh · 5 সেপ্টেম্বর 2026, 7:45 সকাল

The agricultural mechanisation process in the country is facing significant delays as traders struggle with a financing crunch. With substantial capital tied up in letters of credit (LCs), importers with limited resources are unable to maintain the necessary volume of machinery imports.

তথ্যসূত্র: TBS Bangladesh