Bangladesh's imports grow by 9.04% in eight months
Dhaka, Bangladesh, April 4 -- Bangladesh's overall imports grew by 9.04 per cent in the first eight months of this fiscal year (FY), 2018-19, due to higher imports of intermediate goods and fuel oils, officials said.
The actual import in terms of settlement of letters of credit (LCs) rose to US$36.90 billion during the July-February period of FY'19 from $33.84 billion in the same period of the previous fiscal, according to the central bank's latest data.
Thanking to the BBN, a senior official of the Bangladesh Bank (BB) said the import may rise slightly in the coming months ahead of the holy Ramadan.
He also said usually, a large quantity of essential commodities is imported to meet the additional demand of consumers during the month o...
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