The Bangladesh government was recently urged by trade bodies to reconsider its decision to cut cash incentives on the shipment of garments and other export-oriented products.
Severe inflation in the US and the EU has led to a decline in apparel exports to major markets and a drop in garment exports affects the country’s foreign reserves, the BGMEA said.The Bangladesh government was recently urged by trade bodies to reconsider its decision to cut cash incentives on the shipment of garments and other export-oriented products.
Severe inflation in the US and the EU has led to a decline in apparel exports to major markets and a drop in garment exports affects the country’s foreign reserves, the BGMEA said.
