Alexa ‘Country’s foreign exchange reserve $33 billion’

‘Country’s foreign exchange reserve $33 billion’


Published: 02:12 14 June 2019  

File Photo

File Photo

Finance Minister AHM Mustafa Kamal said that country’s foreign exchange reserve has now stood at US$ 33 billion.

“The foreign exchange reserve was only US$ 3.5 billion in the 2005-06 financial year and it grew 9 times to reach US$ 33 billion in the outgoing fiscal year,” he said while unveiling the fiscal year 2019-20 (FY20) budget in the Jatiya Sangsad on Thursday.

Earlier, Finance Minister placed a Tk 5,23,190 crore national budget for FY20 in parliament to ‘make a big stride’ to materialize the Vision 2021 and implement the agenda for 2030. 

He unfolded the 128-page budget with the title ‘Bangladesh on a Pathway to Prosperity: Time is Ours, Time for Bangladesh’ at Jatiya Sangsad. This was the country’s 48th national budget and 20th by the Awami League government in its five terms since the 1971 independence.