Govt waives Tk 10,000 loans for 12 lakh farmers at PM’s directive - News Summed Up

Govt waives Tk 10,000 loans for 12 lakh farmers at PM’s directive


Photo: PMODHAKA, Feb 26, 2026 (BSS) – At the instruction of the Prime Minister, the government has decided to waive agricultural loans of up to Tk 10,000, including accrued interest, benefiting 12 lakh farmers across the country. According to the Cabinet Secretary, around 12 lakh farmers will directly benefit from the decision. Both the principal amount—up to Tk 10,000—and the full accrued interest on such loans will be waived. The Cabinet Secretary noted that the immediate impact of the loan waiver could include reduced rural-to-urban migration and easing rural inflationary pressures. According to Bangladesh Bank, as of February 25, farmers owed approximately Tk 1,550 crore, including interest, to public commercial banks, specialised banks and private commercial banks.


Source: Bangladesh Sangbad Sangstha February 26, 2026 11:03 UTC



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