Bangladesh govt to control import of luxury items: Finance minister

He said the Bangladesh Bank (BB) always controls the import of some unnecessary items, but there would not be any restriction on essential goods.

The control on the import of luxury items will stay in place until commodity prices come down in the international market, he was quoted as saying by Bangladeshi media reports.

"Imports are always higher than the exports for Bangladesh. No matter how much growth there is in exports, it will never exceed imports," he added.

ALCHEMPro News Desk (DS)