Following BGMEA president Faruque Hassan's call for government support to boost Bangladesh's garment industry and increase foreign exchange reserves, recent data from Bangladesh Bank shows that the country's foreign exchange reserves have decreased A significant $2 billion in just one month. Data shows that reserves fell by $1.91 billion in the first 26 days of September, with a further decline of $99 million the following week. According to central bank data, foreign exchange reserves stood at $23.06 billion on August 31 and fell to $21.05 billion on October 4, a total decline of $2.01 billion in 34 days. Notably, there is another calculation for net net forex reserve that is only disclosed to the IMF although according to this calculation, the country's current foreign exchange reserves are less than US $ 17 billion and have been decreasing by US $ 1 billion USD each months over the past two years. Normally, a country should maintain foreign exchange reserves that can cover the cost of imports for three months. Bangladesh is now approaching a critical threshold in this regard. The government has yet to come up with a practical way to stop the loss of foreign exchange reserves, despite the fact that they represent a crucial economic indicator. It is important to note that one of the key requirements for the 4.7 billion USD loan from the IMF was to maintain net reserves of 24.46 billion USD as of June 2014, down from 25.30 billion USD as of September. December's total was US $26.80 billion.