LC down by 25.38%

2023-05-05 08:53:00
Imports of capital machinery intermediate goods, consumer goods and industrial raw materials have declined significantly. Among consumer goods, LC opening for imports of fruits, onions, milk products and rice decreased by 36.51%, 31.43%, 10.63% and 9.39% respectively compared to the same period of the previous fiscal. Imports of consumer and intermediate goods also fell by 15.99%, 30.91% respectively. The financial amount of which is 6.19 billion dollars and 4.1 billion dollars respectively. LC opening for capital equipment was $2.29 billion during the same period. It was $5.19 billion in the previous financial year…