$12b from exports did not come home last year
Export receipts based on the central bank’s data declined to $43 billion in FY23 from $43.68 billion in FY22
Source: tbsnews.net
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Africa pursues free trade amid global fragmentation
AfCFTA could lift 125 million people out of poverty by 2035 and expand incomes by US$571 billion. Many of the gains will result from unleashing trade within the continent; currently, African countries trade more with the rest of the world than with each other.
Source: worldbank.org
Forex reserves slip further
Bangladesh’s foreign currency reserves have slipped further as per the definition of the International Monetary Fund’s (IMF) balance of payments and investment position manual.
Source: thedailystar.net
BTMA for repaying Green Transformation Fund's dollar loan in taka
Textile millers also demand a fixed interest rate for GTF loan
Source: tbsnews.net
Sokoto: NEPC trains 50 onion producers, marketers on exports procedure
Ahmad-Sukaraiju described export incentives as a catalyst for boosting non-oil export in Nigeria
Source: punchng.com