The country’s trade deficit declined to $5.92 billion in the first 10 months of the current financial year 2012-13 from $7.53 billion recorded in the corresponding period of the FY 2011-12. The trade deficit declined by 21.38 per cent in July-April of the FY 2012-13 compared with that of a growth of 9.87 per cent ... Read more
trade deficit
Slumping import pushes down July-Mar trade deficit to $4.86b
The country’s trade deficit declined to $4.86 billion in the first nine months of the financial year 2012-13 from $6.75 billion recorded in the corresponding period of the FY 2011-12. The trade deficit declined by 27.98 per cent in July-March of the FY 13 on year-on-year basis due mainly to negative import growth, said Bangladesh ... Read more
Trade deficit narrows further, brings no joy
The country’s trade deficit narrowed by 26.26 per cent in the first eight months of this financial year on year-on-year basis but businesses and experts expressed their concern that the reduction would not bring much benefit as it was achieved with a massive fall in imports. According to the BB data released on Tuesday,