The country exported goods worth $3.91 billion last month, beating the target by 13.4 percent. Exports posted year-on-year monthly growth for the last time in December 2019 when the earnings grew by 2.89 percent. The government has set a $48 billion export target for the financial year 2020-21 with the hope of a recovery from the global economic slowdown due to the pandemic. The target is about 20 percent more than the export earnings but $6 billion less than the target of the last fiscal year. The new target envisages $41 billion earnings from goods export and $7 billion in services export.

Source: bd News24 August 04, 2020 14:03 UTC