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The Member of Parliament (MP)for Akim Swedru in the Eastern Region Hon Kennedy Osei Nyarko has stressed the importance of export trade to the country’s socio-economic development, saying “it is the best way to grow Ghana’s economy.” He believed export is one of the means to generate enough foreign exchange…
Bangladesh closed its financial year 2021-22 with an $18.7 billion current account deficit, the highest on record, as export earnings failed to narrow the gap with skyrocketing imports, Bangladesh Bank data released yesterday showed.
Export earnings witness 15pc growth in July
Export earnings grew by 15 per cent year-on-year to $3.98 billion in July, the first month of the fiscal year 2022-23. The July earnings figure is 1.65 per cent higher than the monthly target of $3.92 billion, according to data released by the Export Promotion Bureau (EPB) today.
Electric goods export: Locally manufactured electric products, namely transformers and accumulators, are gaining popularity abroad as the industry's annual export earnings touched a record-high of $100 million in the just concluded fiscal year.