2024-07-17 22:09:39
The finance ministry has informed its position to clear the controversy created on the export data. It has been said that there will be no more complications with the export data in the future. Necessary steps have been taken in this regard.
This information was known from the press release sent by Gazi Tauhidul Islam, Public Relations Officer of the Ministry of Finance on Tuesday (July 16).
It has been said that the attention of the Ministry of Finance has been drawn to the news regarding export data published in the newspaper recently.
It is for the information of all that steps have been taken to harmonize the export data of the National Board of Revenue and Bangladesh Bank and the same method is currently being adopted by all the concerned organizations for data collection. As a result, it is expected that there will be no significant difference in the export data published by Bangladesh Bank, National Board of Revenue and Export Development Bureau from now on.
It should be noted that the amount of foreign currency that actually comes into the country, as opposed to the export, Bangladesh Bank declares only that amount as the amount of export of the country. While calculating the GDP, the Bangladesh Bureau of Statistics takes this account of Bangladesh Bank into account. As a result, the recent fears of a decline in newspaper exports and consequent decline in GDP and per capita income are not correct.
It may also be noted that the data has been rearranged in some areas of the balance of payments current account and financial accounts. However, this will not result in any change in the overall balance of payments. The revised Balance of Payment has already been published on the website of Bangladesh Bank for everyone’s information.
The amount of cash financial incentives given in respect of exports is determined by obtaining the actual export earnings published by Bangladesh Bank and determining the actual cash incentives through a third party auditor. Hence, the cash incentives given by the government against exports are correct.