Changing Global Scenario and Bangladesh Economy: What Should Be the Policy Stance? slide image

Changing Global Scenario and Bangladesh Economy: What Should Be the Policy Stance?

Independent Review of RBD Bangladesh's Development 70 60 50 40 30 20 10 O -10 -20 -30 -40 External sector Figure: Growth of selected external sector indicators (in %) ----- -- Jul Jul-Aug Jul-Sep Jul-Oct Jul-Nov Jul-Dec Jul-Jan Jul-Feb Jul-Mar Jul-Apr Jul-May Jul-Jun լոր 00 Jul-Aug Jul-Sep Jul-Oct Jul-Nov Jul-Dec Jul-Jan Jul-Feb 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 -0.2 -0.4 -Import payments FY21 Export earnings Source: Calculated from Bangladesh Bank and EPB data Note: BDT/USD is shown in the secondary vertical axis FY22 -Remittance inflow *- BDT/USD □ Despite the robust export growth, current account deficit reached USD 10 billion at the end of Jan FY22 owing to higher import growth and negative growth of remittances CPD (2022): Changing Global Scenario and Bangladesh Economy: What Should Be the Policy Stance? 4
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