Commerce Minister Tipu Munshi said the country's export earnings most hopefully will be increased to $70 billion in the next fiscal year.
He said, "Country's export earnings would be increased up to an estimated of $70 billion in 2023-24 fiscal year as the government has taken various initiatives in the last 14 years."
Tipu said this while responding to a star-marked question which was tabled by treasury bench lawmaker Morshed Alam of Noakhali-2 at the question-answer session at the Jatiya Sangsad on Monday.
With Speaker Dr Shirin Sharmin Chaudhury in the chair, the commerce minister said the government has formulated a series of import policies aiming to strengthen the position of the country for bringing mobility in the export trade under competitive global trade, reports BSS.
Tipu Munshi said the government has encouraged the establishment of labour intensive industries. Even the national export trophy 2018-19 has been provided to encourage the exporters.
The government has developed the export development fund (EDF) to $7 billion aiming to facilitate procurement of raw materials for the exporters, he added.
Bd-pratidin English/Golam Rosul
