BD earns $28b from exports in 11 months

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Bangladesh is ending the 2014-15 financial year on a high in terms of export earnings.
According to Export Promotion Bureau statistics released on Monday, the country earned $28.14 billion from exports in the first 11 months of the current fiscal that began July 1 last year.
The figure is around 3 percent higher than export earnings of the same previous period but 6 percent lower than the target.
Exports in terms of value grew by 4.5 percent in May year-on-year.
EPB Vice Chairman Shubhashish Bose expects the earnings to grow in June, the last month of the FY.
Economist Zaid Bakht said three percent growth in exports earnings despite the three month’s political turmoil, fall of Euro and other negatives was ‘positive’.
According to EPB statistics, the year began amid a negative trend in exports with earnings falling by 1.37 percent in July year-on-year.

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