Bangladesh trade deficit widens slightly in five months
Dhaka, Bangladesh, Jan. 8 -- Bangladesh's trade deficit widened slightly in the first five months of this fiscal year (FY), as the rate of export growth fell more than the import one that indicates a sluggish trend of the economy.
The overall trade gap widened by 0.42 per cent to $ 6.68 billion during the period under review from $ 6.65 billion in the same period of FY '19, according the central bank's latest data.
The country's export growth fell by 7.51 per cent to $ 15.52 billion in July-November from $ 16.78 billion in the same period of the previous fiscal.
Import growth also dropped by 5.20 to $ 22.20 billion from $ 23.43 billion.
"It is a very bad signal for our economy as all types of import including industrial capital machin...
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