Forex reserves hit record $19 billion-mark

[TopCat]

well not exactly within 10 years LOL 15 years to 18 years as our economy is about $130 billion with average growth of 6%

Our economy is 170 billion

 

[SpArK]

If India is running Bangladesh and Mukesh Ambani is running India then I guess the credit should goes to Ambanis!!

LaBonjriwal ??

 

[BDforever]

Our economy is 170 billion

 

[Manindra]

Hail to Hasina didi

 

[idune]

what about the other part below red one ?

Higher export earnings against a lower import payment in the last few months played a significant role in increasing the country’s foreign exchange reserve, BB officials said.

What about it??

Looks like you dont have iota of understanding on how to make sense of these data. Lower import payment for capital machinery and industrialization causing trade surplus which is detrimental to economy, industrialization and job creation. But offcourse good for Awami League fan club to use it to deceive as "reserve growth".

And do explain how even with higher export growth why GDP is declining for two years in row. In the reserve figure there is hardly $10 billion rest is BB artificial reserve of $8 billion and aid money.

Import of factory raw materials, capital machinery drops
AKM Zamir Uddin

A file photo shows an employee working at a yarn mill in Dhaka. The import of capital machinery and industrial raw materials plunged in the first 10 months of the current fiscal year.
The import of capital machinery and industrial raw materials plunged in the first 10 months of the current fiscal year, hitting the country’s expected GDP growth for the FY 2012-13, said officials of the Bangladesh Bank.

A BB official told New Age on Thursday that the negative import growth in capital machinery and industrial raw materials had already hit the expected growth of the gross domestic products for the FY 2012-13.


Import of factory raw materials, capital machinery drops

RMG machinery imports fall 23% in January

The capital machinery imports of Bangladesh’s garment sector declined over 23% in January, shrinking the figure to $23m from $30m last year.

According to the industry insiders, political unrest and labour rights issue disrupted the sector’s expansion plans, which made the capital machinery imports fall.

The total import in 2013 fell 13.5% to $310m from $359m in 2012, said Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

The year 2013 was marked by prolonged political violence and industrial disasters killing over 1,000 workers.
RMG machinery imports fall 23% in January | Dhaka Tribune