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Welcome to Presentation                    OnTrade deficit narrows 34pc (%) as       imports fall (FY13)                 P...
Summary…• Trade deficit in the first six months of the current fiscal year  narrowed by 34 percent, compared to the same p...
Analysis…• Due to a sluggish import demand and a robust inflow of  remittances, the balance of payment saw a record surplu...
‘Is the glass half-full or half-empty?The tendency for two people to see the same situation                  in different ...
Positive Impact…1. Positive Balance of Payment….
Positive Impact…• During the fiscal year 2011-12, the total export of Bangladesh  amounted to US$24,301.9 million and the ...
Recommendation…• Its not bad because Record surplus of Money will use  Demand for electricity, Normally Demand for electri...
Thank you  ?
Balance of TradeThe balance of trade is the difference betweenthe monetary value of exports and imports in aneconomy over ...
Balance of TradeThe balance of trade is the difference betweenthe monetary value of exports and imports in aneconomy over ...
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Trade deficit narrows 34pc (%) as imports fall (fy13

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Trade deficit narrows 34pc (%) as imports fall (fy13

  1. 1. Welcome to Presentation OnTrade deficit narrows 34pc (%) as imports fall (FY13) Presented By Zannatulferdows ID: 112-11-2072Source: The Daily Star, Date: 15 February 2013 (Rejaul Karim Byron)
  2. 2. Summary…• Trade deficit in the first six months of the current fiscal year narrowed by 34 percent, compared to the same period in the previous year, due to a fall in imports. Economists and bankers said a dull investment scenario and a low demand for petroleum caused the fall in imports during the period. Due to a sluggish import demand and a robust inflow of remittances, the balance of payment saw a record surplus of $2.42 billion, which was a $989-million deficit in the same period a year ago.
  3. 3. Analysis…• Due to a sluggish import demand and a robust inflow of remittances, the balance of payment saw a record surplus of $2.42 billion, which was a $989-million deficit in the same period a year ago.• Foreign exchange reserve also got a boost due to dull imports.• During July-December, imports fell by 7.79 percent. Import of capital machinery went down by 23.68 percent, industrial raw materials by 5.3 percent and petroleum by 5.96 percent during the period.• Weak investment climate and a slow global recovery also caused the fall in imports.• Go-slow stance due the ongoing political uncertainties in the run-up to the next general election.
  4. 4. ‘Is the glass half-full or half-empty?The tendency for two people to see the same situation in different ways. This ? Because of my subject has bothpositive and negative but I am taking it..
  5. 5. Positive Impact…1. Positive Balance of Payment….
  6. 6. Positive Impact…• During the fiscal year 2011-12, the total export of Bangladesh amounted to US$24,301.9 million and the total import came down to $35,916 million (cost and freight) indicates that Bangladesh performed better in international trade by narrowing trade deficit (approx $11,614 million).• The safe limit for a countrys reserves, as per international standards, is equal to the countrys three months import bill. But Bangladeshs present reserves are equal to more than five months import bill.• The Bangladesh Taka (BDT) has become stronger for inflow of remittances.• Infrastructure development is increasing with the rapid economic development.
  7. 7. Recommendation…• Its not bad because Record surplus of Money will use Demand for electricity, Normally Demand for electricity remains low during the winter, but it will increase and surplus contribute to import of diesel and furnace oil for fuel-based power plants.• Our last year export-import cases of Bangladesh strongly validate the latters rising status to take over soon the mantle of the second largest economy among the SAARC members by replacing Pakistan within a very short time. In addition the report of IMF, published in April 2012, also illustrates that Bangladesh is already far ahead than Afghanistan ($18.181 billion), Bhutan ($1.488 billion), the Maldives ($1.944 billion), Nepal ($17.921 billion) and Sri Lanka ($59.095 billion), in terms of nominal GDP
  8. 8. Thank you ?
  9. 9. Balance of TradeThe balance of trade is the difference betweenthe monetary value of exports and imports in aneconomy over a certain period of time. Apositive balance of trade is known as a tradesurplus and occurs when value of exports ishigher than that of imports; a negative balanceof trade is known as a trade deficit or a tradegap.
  10. 10. Balance of TradeThe balance of trade is the difference betweenthe monetary value of exports and imports in aneconomy over a certain period of time. Apositive balance of trade is known as a tradesurplus and occurs when value of exports ishigher than that of imports; a negative balanceof trade is known as a trade deficit or a tradegap.

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