Dhaka, Fri, 26 Apr, 2019

‘Export earnings to exceed $60bn by 2021’

18 Jan, 2017 19:11:34

Staff Correspondent:Commerce Minister Tofail Ahmed on Wednesday reiterated that country's export earnings would go beyond US$ 60 billion in 2021.

The minister said these while delivering speech at the opening ceremony of the four-day "Garmentech 2017" as chief guest in city's International Convention Centre organized by Bangladesh Garments Accessories and Packaging Manufacturers' and Exporters' Association (BGAPMEA).

Quoting the minister news agency BSS said "Export earning was US$ 14 billion when the Awami League assumed in power this time and it reached at $ 34.2 billion in last fiscal . . . if the trend is continued, the earning would exceed $ 60 billion in 2021."

The country registered $ 3.08 billion export earning when Awami League led government took the office in 1996 and it was $ 6.7 billion during the end of the tenure.

Referring the RMG is the prime sector for Bangladesh's export earning as nearly 82 percent foreign currency come from this sector, Tofail said RMG has soared at this stage overcoming difficulties and it also has the potentiality to go long way.

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