The deficit narrowed due to a better export growth than previous year and expected remittance earnings
The country’s trade deficit fell by 14.76% year-on-year to $15.49 billion in the last (2018-19) fiscal year, thanks to a steady growth in export earning, remittance earnings and a slowdown in import growth.
The deficit narrowed due to a better export growth than previous year and expected remittance earnings, said Zahid Hussain, former lead economist of World Bank, Bangladesh.
He said export...
https://container-news.com/bangladesh-trade-deficit-falls-fy2019/