Bangladesh foreign loans drop to $103.6b
The country’s external debts fell by $736 million at the end of December 2024 due largely to the clearing of overdue payments and the interim government’s restrained approach to new overseas borrowing.
The country’s external debts fell by $736 million at the end of December 2024 due largely to the clearing of overdue payments and the interim government’s restrained approach to new overseas borrowing.
The country’s 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.
Sri Lanka on Tuesday completed its long-delayed foreign debt restructure after the island nation defaulted on its $46 billion external debt in a dramatic 2022 economic crash, a minister told parliament...
The interest payment for external debt increased by 162 per cent to Tk 11,602 crore during July–March of FY24 over same period in FY23, prompting the interim government of Bangladesh to go for debt restructuring with overseas lenders...
Bangladesh’s 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...