Govt鈥檚 foreign loan repay rises by 24pc
The government repaid $3.2 billion to creditors to service foreign debts in the first nine months of the current financial year (2024-25)...
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Bangladesh foreign loans drop to $103.6b
The country鈥檚 external debts fell by $736 million at the end of December 2024 due largely to the clearing of overdue payments and the interim government鈥檚 restrained approach to new overseas borrowing.
Govt faces challenges not to default on foreign debts
The government is facing multiple challenges to maintain the country鈥檚 non-defaulting status in the current financial year after it had to struggle to pay $6.07 billion in overseas debts in the past financial year (2023-24).
Loan repayment becomes heavy burden, says NBR chair
National Board of Revenue chairman Md Abdur Rahman Khan on Tuesday said that the payment of instalments of the domestic and foreign debts and interest on these loans had become a heavy burden to the country...
Bangladesh鈥檚 external debts rise to $104b in Q1
The country鈥檚 overall external debts remained over $100 billion at the end of the first quarter of the 2024-25 financial year despite the credit growth rate falling to almost one per cent, and the concerns over payment obligation loom large.
$3.3b in foreign debts cleared in 5 months
The Bangladesh Bank has repaid $3.3 billion or nearly 90 per cent of the foreign overdue payments after the political change on August 5, 2024...
Bangladesh's foreign debts soar by $80b in 15yrs
Bangladesh鈥檚 external debts skyrocketed to a staggering $103.78 billion by June 2024, a colossal leap from just $23.5 billion in 2009 when the Awami League-led government came to power...
Bangladesh鈥檚 external debts $99.3 billion
Bangladesh鈥檚 external debts slightly decreased to $99.3 billion at the end of March 2024, down from $100.6 billion in December 2023, according to Bangladesh Bank data...
Jin ends military service
K-pop megastar Jin from BTS ended more than 500 days of South Korean military service on Wednesday, crying tears of joy, with bandmates embracing him and one belting out a group hit on the saxophone to celebrate...
Financial account deficit surges to $9.26 billion
The country鈥檚 financial account deficit surged to $9,258 million in July-March, the first nine months of the current financial year 2023鈥�24, against a deficit of $2,928 million in the same period of FY23...
Shares of BTS agents plunge
Shares of the South Korean agency behind K-pop sensation BTS dropped nearly 10 percent this week after the company announced a probe into its powerhouse subsidiary and demanded the resignation of a star producer...