Bangladesh's amount of outstanding short-term foreign debt has decreased by nearly $1.34 billion in June, a nearly 11.75 percent drop year-on-year.The latest data from Bangladesh Bank says that short-term foreign debt stood at $10.06 billion in June. During this time, interest and principal payments from the private sector amounted to $1.85 billion.This means, Bangladesh's private sector paid more in interest and principal payments on short-term financing in June than it brought in as foreign loans.In May, private sector entrepreneurs took out short-term foreign loans worth $1.85 billion. During this time, interest and principal payments amounted to $1.98 billion. The security situation is still unstable.Given all this, the expectation that anyone will jump into investments right now is, I would say, fanciful. "Since the government changeover last August, the flow of foreign loans to the private sector has declined, as has investment in various sectors, leading to a slowdown in the economy.In January this year, the short-term foreign debt fell below $10 billion after four years.
