Bangladesh's overall balance of payments continued to maintain a surplus position during the first four months of this fiscal mainly due to higher surplus in current account balance, officials told AHN Media Saturday. The current account balance recorded a larger surplus during the July-October period of the fiscal 2009-10 (FY10) because of lower trade deficit and robust growth of inward remittances. “We expect that the existing trend of current account balance along with the overall balance of payments will continue up to the second quarters of this fiscal,” a senior official of the Bangladesh Bank (BB), the country's central bank, told AHN in the capital, Dhaka. He also said the country's overall import payments may pick up in the third quarters of this fiscal year.
