State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Analysis of External Sector Performance
Growth of export earnings is well above the strategic annual target
but conceals disquieting trends
Export earnings have registered an impressive growth of 24.3% during the
first five months of FY22
➤ While the base effect of low growth in FY20 is an issue, the export performance is no
doubt encouraging
➤ Growth of export earnings during Jul-Nov FY22 surpassed the strategic annual target
of 12.2% set out for FY22
For most part, this growth has been anchored in the high growth of export
earnings from the RMG, at 23.0%
Growth of non-RMG export earnings was also an impressive 30% during this
period
More than three-fourths of the incremental export earnings was generated on
account of the RMG sector, signalling the continuation of predominance of the
item in the country's export basket and the rising export concentration in
recent years
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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