In the current fiscal year 2024-25, the target of export income of goods and services has been set at 57.5 billion or 5 thousand 750 million dollars. This target is about 12.40 percent more than the export of the fiscal year 2023-24. In the last fiscal year, the export income from goods and services was 51.10 billion or 5 thousand 110 million dollars.
This decision was made at the meeting of the board of directors of the Export Development Bureau (EPB) at the conference room of the Ministry of Commerce on Sunday. Finance and trade advisor. Under the chairmanship of Salehuddin Ahmed, Commerce Secretary Mohang Salimuddin, Vice Chairman of EPB. Anwar Hossain and others were present. This information is known from the sources of the meeting.
Bangladesh Bank published the transaction balance data based on actual commodity exports last July. It reveals major irregularities in the export of goods. At that time, the central bank said that EPB had been publishing export accounts for a long time, but the income was not coming to the country. In this regard, we have to face questions from various domestic and foreign organizations. On examination, it is found that the actual amount was not exported as per the data disclosed.
Since then, EPB has stopped publishing product export accounts. However, based on the data of NBR, Bangladesh Bank has released the export data till last June. It can be seen that in the fiscal year 2023-24, 40.81 billion or 4 thousand 81 million dollars worth of products have been exported. This export is 5.89 percent less than the previous financial year. Apart from this, during this period the income from service export was 6.28 billion dollars. In this case too, the income has decreased by 9.8 percent.
However, the EPB export data published earlier till last April showed a good growth. But Bangladesh Bank’s review revealed that in several cases the same export was entered twice in the data released by EPB. EPB has since stopped publishing export data. When Bangladesh Bank releases export data based on NBR’s product shipment data, it slows down the growth.
