Remittances and export earnings are two major sources of foreign exchange.
The country received remittances of US $ 4.91 billion in the first quarter of the current financial year, which is 13 percent less than the same period of the last financial year.
On the other hand, the country exported goods worth US $ 12.50 billion in the first quarter of the current financial year, which is 9.51 percent more than the same period of the last financial year.
According to the EPB, about 74 percent of export earnings came from the top ten countries. However, exports have increased in seven out of ten countries. These countries are: Spain, Britain, France, Netherlands, Italy, Japan and Canada.
*more to follow…