Bangladesh Bank and Export Promotion Bureau (EPB) will jointly carry out data reconciliation of export figures to minimise the discrepancies of data calculation between the organisations.
The organisations also decided to coordinate their export data in every year to provide accurate export figures.
The decision was made at a recent meeting between the EPB and Bangladesh Bank.
The meeting also decided if any difference appears between the export data calculations of the two organisations, Bangladesh Bank will investigate to resolve the statistics gap.
"We identified that both of the organisations collect export data in different ways and from different sources which cause discrepancies," said a high official of EPB.
EPB compiles export data in pre-shipment basis from National Board of Revenue (NBR) and customs cell, while the Bangladesh Bank collects it in post-shipment basis from some certain bank dealers.
"So, there has been a scope for discrepancies. That's why we have decided to work together to make authentic export data," the official added.
