BNP said on Thursday the country’s foreign currency earning from apparel exports are declining due to ‘financial indiscipline and mismanagement’ by the government, reports UNB. Speaking at a press briefing at the party’s Nayapaltan central office, BNP joint secretary general Syed Moazzem Hossain Alal also feared that the RMG sector may face a disaster if effective steps are not taken right now. “According to the Export Promotion Bureau’s latest report, the government had set the export earning target at $2.77 billion for the first month of 2016-2017 fiscal year, but the net earning stood at $2.11 billion, 23.60 per cent less than the target,” he said. Alal said foreign buyers have started shying away from Bangladesh after the terror attacks in Gulshan café and Sholakia Eidgah as the government has failed to take necessary measures to restore their confidence. “They’re gradually cancelling their orders on security ground.” “The overall disorder in the financial sector and mismanagement has demonstrated that there’ll be no room for complacency over our foreign reserve for long,” he observed. To overcome the current situation, the BNP leader urged all concerned of the RMG sector and experts to take coordinated efforts and work out an effective strategy to keep the export earnings on the right track. About the Tk 8.0 billion heist from the Bangladesh Bank’s reserve account, he said the government is yet to make public the probe report on the incident for reasons unknown.
