State of the Bangladesh Economy in FY2023-24 (First Reading)
Independent Review of
RBD
Bangladesh's Development
Export performance scenario: Contradicting information
EPB Figures for the first four months of FY24 show a negative growth of 3.1% in
RMG earnings in the U.S compared to the corresponding period of FY23. In
contrast, U.S import figures show a significant decline of (-) 22.5%!
EPB figures for the first four months of FY24 show an increase of 3.1% in RMG
earnings from the E.U compared to the corresponding period of FY23. In contrast,
the E.U import figure shows a decline of (-) 29.6%!
The difference in the volume of export earnings arising from the
conceptual distinction between FoB value and CIF value does not explain
this large discrepancy between the two sources.
➤ The anomalies in export earnings figures provided by the two sources
ought to be examined very closely.
CPD (2023): State of the Bangladesh Economy in FY2023-24 (First Reading)
70View entire presentation