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Bangladesh sees remittance dive even as export earnings jump


Export earnings have registered growth despite plummeting remittance in the 2014-15 fiscal that ended on June 30. 

Export earnings jumped 10 percent compared with the previous fiscal.

Finance Minister AMA Muhith has said that the continued demand for readymade garment in the US and European markets made the uptick in ecport earnings possible. 

"Export health is the best among the economic indicators," said AB Mirza Azizul Islam, a former finance advisor to the caretaker government. 
He added that a 10 percent growth was a positive indicator. 

But he warned that repeated terror attacks may scare buyers away from Bangladesh. 

Bangladesh earned $3.57 billion from exports in the last fiscal. 

As much as 82.04 percent of the earnings came from the readymade apparel sector alone. 

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