Dhaka, Feb. 5 -- Bangladesh's trade deficit has significantly narrowed, with the current account recording a surplus in the first six months of the ongoing fiscal year 2024-25, according to data from Bangladesh Bank.
The central bank's updated balance of trade report reveals that the deficit in goods trade stood at $2.764 billion between July and December of FY 2024-25, which marks a significant improvement compared to the $10.876 billion deficit recorded during the same period in FY 2023-24.
The latest data indicates a notable turnaround in the country's trade performance, reflecting a steady improvement in external transactions.
The previous fiscal year, FY 2023-24, ended with a substantial current account deficit of $6.51 billion. D...
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