Current account balance deficit crosses $15bn

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Business Desk :
The country’s current account balance deficit reached $15.32 billion in July-April of the current fiscal year as import payments continue to rise with rising domestic demand, spiralling commodity prices across the world, and continuous depreciation of the taka against the US dollar.
However, in July-March period, the deficit amount was at $14.15 billion, adding $1.17 billion in one month.
The information was disclosed on Thursday by Bangladesh Bank in its monthly report on the Balance of Payment (BoP).
In July-April period of this financial year, import expenditure increased by 41.42 per cent to $68.67 billion, compared to the same period of the previous year.

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