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Major Economic Indicators
of Bangladesh
ZAHID ISLAM
Executive Summary
Twelve-month average general inflation decreased to 6.41 % in June 2015.
export receipts during FY15 increased by 3.35% and stood at USD31.20 billion
compared with that of FY14.
Import payments (c&f) USD41.35 billion against USD36.85 billion of July-May,
FY14.
Executive Summary
Remittance receipts increased by 7.65 percent and stood at USD15.32 billion in the
FY15 from USD14.23 billion in the corresponding period of FY14.
The total foreign aid disbursement during July-May, FY15 increased to USD2.73 billion
from USD2.66 billion during the same period of the preceding fiscal.
The gross foreign exchange reserves of BB stood at USD25.02 billion (with ACU liability
of USD0.90 billion) as of end June 2015, compared with USD23.71 billion (with ACU
liability of USD0.43 billion) as of end May 2015.
Executive Summary
NBR Tax Revenue collection during the first eleven months of FY15 stood at
Tk.118042.32 crore which was higher by 14.20 percent compared with the collection of
Tk.103363.93 crore during the same period of the preceding fiscal.
SME loans by banks and non-bank financial institutions in March 2015 increased by
15.55 percent compared with the same period of last year.
inflation
Average general inflation fell from 6.46 percent of May 2015 to 6.41 percent in June 2015.
Average food inflation stood at 6.68 percent and average non-food inflation stood at 5.99
percent in June 2015
Agricultural credit and non-farm rural
credit
Disbursement of agricultural credit increased by 2.29 percent and disbursement of non-firm
rural credit decreased by 20.54 percent during FY15 compared to FY14.
The banks extended a total of only over Tk.159.78 billion to both sectors which was 2.76 percent
higher than the set target.
Industrial term loans
Disbursement of total industrial term loans during January-March, 2015 was significantly higher
by 43.81 percent.
Stood at Tk.13350.62 crore as compared to Tk.9283.50 crore during JanuaryMarch, 2014.
SME
Total SME loans by banks and non-bank financial institutions increased by Tk.17823.13 crore or
15.55 percent and stood at Tk.132406.63 crore at the end of March, 2015 as compared with
Tk.114583.50 crore at the end of March, 2014
Exports
Export earnings increased by 8.68 percent (y-o-y) in June 2015 compared with the same month
of the preceding year.
The export was USD 31.198 billion in July-June, FY15 whereas it was USD30.186 billion July-June,
FY14.
Imports
Import payments during July-May, 2014-15 increased by 12.21 percent and stood at USD41.35
billion against USD36.85 billion during the same period of the preceding year.
Settlement of import LCs during July-May, 2014-15 increased by 3.81 percent and stood at
USD35.17 billion against USD33.88 billion during July-May, 2013-14.
Fresh opening of import LCs during July-May, 2014-15 increased by 5.29 percent and stood at
USD39.51 billion compared to the same period of the previous year.
Imports
The developments of each sector's share in total L/C opening during July-May, 2014-15 and July-
May, 2013-14 are showing in the following pie-diagrams.
Remittance
Remittances receipt during July-June, 2014-15 increased by 7.65 percent and stood at USD15.32
billion compared with the same period of the previous year.
foreign exchange reserves
The gross foreign exchange reserves of BB increased to USD25.02 billion (with ACU liability of
USD0.90billion) as of end June 2015 compared to USD23.71 billion (with ACU liability of USD0.43
billion) as of end May 2015.
The gross foreign exchange balances held abroad by Commercial Banks remained same as that
of end May 2015 at USD2.38 billion in end June 2015. However, this was higher than the balance
of USD1.75 billion at end June 2014.
Total foreign aid disbursements during July-May, 2014-15 increased by USD0.07 billion or 2.51
percent and stood at USD2.73 billion compared to USD2.67 billion during the same period of the
preceding fiscal.
Food situation
The actual production of food grains during FY15 stood higher at 357.87 lakh metric tons
compared to 356.56 lakh metric tons of FY14.
Import of food grains (Rice & Wheat) during FY15 also stood higher at 52.64 lakh metric tons
compared to 29.93 lakh metric tons of FY14.
Stock of food grains (including transit stock) with the government stood higher at 12.86 lakh
metric tons at the end of June, 2015 than the stock of 11.53 lakh metric ton at the end of June
2014.
THANKS TO ALL

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Major economic indicators of Banladesh in mid 2015

  • 1. Major Economic Indicators of Bangladesh ZAHID ISLAM
  • 2. Executive Summary Twelve-month average general inflation decreased to 6.41 % in June 2015. export receipts during FY15 increased by 3.35% and stood at USD31.20 billion compared with that of FY14. Import payments (c&f) USD41.35 billion against USD36.85 billion of July-May, FY14.
  • 3. Executive Summary Remittance receipts increased by 7.65 percent and stood at USD15.32 billion in the FY15 from USD14.23 billion in the corresponding period of FY14. The total foreign aid disbursement during July-May, FY15 increased to USD2.73 billion from USD2.66 billion during the same period of the preceding fiscal. The gross foreign exchange reserves of BB stood at USD25.02 billion (with ACU liability of USD0.90 billion) as of end June 2015, compared with USD23.71 billion (with ACU liability of USD0.43 billion) as of end May 2015.
  • 4. Executive Summary NBR Tax Revenue collection during the first eleven months of FY15 stood at Tk.118042.32 crore which was higher by 14.20 percent compared with the collection of Tk.103363.93 crore during the same period of the preceding fiscal. SME loans by banks and non-bank financial institutions in March 2015 increased by 15.55 percent compared with the same period of last year.
  • 5. inflation Average general inflation fell from 6.46 percent of May 2015 to 6.41 percent in June 2015. Average food inflation stood at 6.68 percent and average non-food inflation stood at 5.99 percent in June 2015
  • 6. Agricultural credit and non-farm rural credit Disbursement of agricultural credit increased by 2.29 percent and disbursement of non-firm rural credit decreased by 20.54 percent during FY15 compared to FY14. The banks extended a total of only over Tk.159.78 billion to both sectors which was 2.76 percent higher than the set target.
  • 7. Industrial term loans Disbursement of total industrial term loans during January-March, 2015 was significantly higher by 43.81 percent. Stood at Tk.13350.62 crore as compared to Tk.9283.50 crore during JanuaryMarch, 2014.
  • 8. SME Total SME loans by banks and non-bank financial institutions increased by Tk.17823.13 crore or 15.55 percent and stood at Tk.132406.63 crore at the end of March, 2015 as compared with Tk.114583.50 crore at the end of March, 2014
  • 9. Exports Export earnings increased by 8.68 percent (y-o-y) in June 2015 compared with the same month of the preceding year. The export was USD 31.198 billion in July-June, FY15 whereas it was USD30.186 billion July-June, FY14.
  • 10. Imports Import payments during July-May, 2014-15 increased by 12.21 percent and stood at USD41.35 billion against USD36.85 billion during the same period of the preceding year. Settlement of import LCs during July-May, 2014-15 increased by 3.81 percent and stood at USD35.17 billion against USD33.88 billion during July-May, 2013-14. Fresh opening of import LCs during July-May, 2014-15 increased by 5.29 percent and stood at USD39.51 billion compared to the same period of the previous year.
  • 11. Imports The developments of each sector's share in total L/C opening during July-May, 2014-15 and July- May, 2013-14 are showing in the following pie-diagrams.
  • 12. Remittance Remittances receipt during July-June, 2014-15 increased by 7.65 percent and stood at USD15.32 billion compared with the same period of the previous year.
  • 13. foreign exchange reserves The gross foreign exchange reserves of BB increased to USD25.02 billion (with ACU liability of USD0.90billion) as of end June 2015 compared to USD23.71 billion (with ACU liability of USD0.43 billion) as of end May 2015. The gross foreign exchange balances held abroad by Commercial Banks remained same as that of end May 2015 at USD2.38 billion in end June 2015. However, this was higher than the balance of USD1.75 billion at end June 2014. Total foreign aid disbursements during July-May, 2014-15 increased by USD0.07 billion or 2.51 percent and stood at USD2.73 billion compared to USD2.67 billion during the same period of the preceding fiscal.
  • 14. Food situation The actual production of food grains during FY15 stood higher at 357.87 lakh metric tons compared to 356.56 lakh metric tons of FY14. Import of food grains (Rice & Wheat) during FY15 also stood higher at 52.64 lakh metric tons compared to 29.93 lakh metric tons of FY14. Stock of food grains (including transit stock) with the government stood higher at 12.86 lakh metric tons at the end of June, 2015 than the stock of 11.53 lakh metric ton at the end of June 2014.