-
The trade deficit narrowed by 2.6% to $18.22 billion in July–April FY25, driven by an 8.6% rise in exports and slower 4.6% growth in imports, reflecting subdued investment.
-
The current account deficit dropped to $1.39 billion from $6.02 billion, aided by strong remittances, though foreign direct investment declined 29%, indicating weakened investor confidence and slower financial inflows.
Source: www.thedailystar.net
Latest Posts in "Bangladesh"
- NBR Expands Customs, VAT Wings and Splits into Two Divisions to Boost Revenue and Tax Base
- NBR Unveils Major Customs and VAT Reforms to Expand Tax Net and Boost Revenue Collection
- NBR Finalises Draft VAT Rules, Introduces Online Payment and Registration System
- Bangladesh Exempts Bonded Exporters from VAT on Local Procurement to Boost Competitiveness
- NBR Simplifies VAT Rules for Deemed Exports to Boost Local Suppliers
