Updated on : 03-06-2017
The government plans to set its export target of $41.50 billion with a 7.27% growth, riding on apparel sector for the next Fiscal Year 2017-18.
Of the amount, $38 billion is expected to be earned from manufacturing sectors including RMG while $3.50 billion from the service sector.
Export Promotion Bureau discussed with stakeholders about the target and sought their recommendations on the issue.
“We have set the target primarily at $41.50 billion and it would be sent to the Commerce Ministry within a day or two,” EPB acting Vice-Chairman Avijit Chowdhury told the Dhaka Tribune.
For the current fiscal year, the government set the export target of $37 billion, and in the first 10 months it earned $28.72 billion.
The Commerce Ministry will hold inter-ministerial meeting and having discussions with the relative ministry the final target would be set by Commerce Minister Tofail Ahmed, he said.
The EPB primary target showed that the government plans to earn $30.56 billion from the apparel industry.
In the first 10 months of the current fiscal year, Bangladesh earned $23.13 billion with a 2.21% growth.
The government also plans to earn $1.37 billion from the leather sector followed by hometexile $900 million and $1.15 from jute and jute goods.
(Courtesy: Dhaka Tribune)
|Registration of companies to be done fully thru online from Dec: Senior Secretary of the Ministry of Commerce Tapan Kanti Ghosh||General||2023-11-22 12:26:13|
|20 to get 'President's Award for Industrial Development'||General||2023-11-22 11:59:34|
|List and destination of 10 major exportable products from Bangladesh in FY 2023-24.||Import/Export||2023-10-29 14:20:52|
|Commerce Minister has invited foreign businessmen including the European Union to invest in Bangladesh||General||2023-10-24 15:09:00|
|Bangladesh wants to achieve the export target of three hundred billion dollars-Commerce Minister||General||2023-10-24 14:59:09|