"Global buyers have changed their sourcing destination to Bangladesh, which pushed up Bangladesh's export earnings," said Moazzem. In the July-November period, export earnings showed a balanced growth with improved earnings in the non-RMG sector. In the July-November period of FY2018-19, non-RMG sector export earnings rose by over 11% to $2.89 billion, from $2.6 billion for the same period in FY2017-18. Non-participatory private sector"Private sector investment still remains stagnant, which is needed for employment generation. Echoing his concerns, CPD Research Director Moazzem said: "Private sector investment to GDP ratio is hovering around only 23%.

Source: Dhaka Tribune January 05, 2019 17:03 UTC