Bangladesh export data reveals $10B error due to double counting, with EPB and NBR blaming each other.

Bangladesh Bank, Export Promotion Bureau (EPB), and National Board of Revenue (NBR). A $10B export data error was revealed, with EPB and NBR blaming each other for the discrepancy. The Bangladesh Bank revised the balance of payment data, showing exports were $14B lower than initially reported. The issue is believed to stem from double counting of export shipments in NBR's customs records.

July 04, 2024
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