Bangladesh’s trade deficit narrows 29% in first seven months of FY23 - News Summed Up

Bangladesh’s trade deficit narrows 29% in first seven months of FY23


Bangladesh’s trade deficit in the July-January period has shrunk 28.8 percent to $13.38 billion year on year, thanks to import restrictions imposed by the central bank amid austerity measures by the government to save dollars. The trade deficit, however, rose by 8.82 percent from $12.3 billion in the first six months of the financial year, according to latest data published by the central bank on Monday.


Source: bd News24 March 07, 2023 03:13 UTC



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