BRD move to slash interest rates timely

Editor, RE: This is with reference to the story: “Relief as BRD slashes interest rates to boost export industry” (The New Times, March 15).

Editor,

RE: This is with reference to the story: “Relief as BRD slashes interest rates to boost export industry” (The New Times, March 15).

 

This deliberate decision to reduce interest rate for exporters is going to awaken our traditional banks to hear voices from rural areas. The long awaited response to a favorable repo rate is at our gates due to this patriotic and intelligent decision by BRD.

 

Bankers, why not go back to hospitality once more? Hotels need another push. This will equally add life to business in one way or another.

 

My humble advice to beneficiaries of this kind of exports financing is the utmost faith, discipline and strict adherence to international business norms in order to keep our flag up in quality of exports and reliability in delivery.

In tea exports, we are unbeatable; we can do the same in honey and vegetables. Leaders, especially opinion leaders, this is an opportune moment to educate the population with emphasis on youth.

We shouldn't miss this chance.

JK

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