DHAKA, Nov. 25 (Xinhua) -- Bangladesh's export sector gets an additional 10 billion taka (142.9 million U.S. dollars) stimulus package to face the tail effects of the global financial crisis.

    Bangladeshi Finance Minister Abul Maal Abdul Muhith announced the package at a press conference at his office Wednesday, according to national news agency BSS.

    The amount is an addition to the stimulus package, announced earlier for the export industries excluding garment sector.

    Amidst growing concern about possible negative impact of global recession on the country's export, the government in April this year announced a stimulus package of 34.24 billion taka (489.1 million U.S. dollars) for the exporters.

    The stimulus support with the additional amount will be provided over the next five years to help exporters including apparel sector increase their competitiveness, maintain strong position at the existing market and explore new avenues with product diversification.

    With the additional amount, the garment sector will get up to 5percent cash incentive for entering into markets other than U.S., U.K., European Union and Canada.

Special Report:  Global Financial Crisis