Doorping

The initiatives have not paid off since the erosion of the foreign exchange reserves could not be stopped.

Can falling imports alone ease stress in the economy? Bangladesh’s trade gap and current account deficit have narrowed significantly in recent months but the positive developments might not prove enough to bring back stability to the economy.

Earnings from merchandise export fell by 2.49 per cent year on year to $4.64 billion in March as demand from key markets in the West declined amid high inflation and a slowdown in the economies.

Bangladesh’s export declines