Bangladesh’s foreign debt repayments surge by 30% - News Summed Up

Bangladesh’s foreign debt repayments surge by 30%


Reduced number of approved projects, and tightening disbursements have contributed to a drop in foreign financingThe sluggish execution of development projects has stalled the disbursement of foreign loans in Bangladesh. At the same time, repayments on existing loans surged by nearly 30 percent. This represents a decrease of $4.99 billion, or 17.27 percent, compared with the same period in the previous fiscal year. At the same time, while new foreign borrowing has slowed, repayments on outstanding debt have climbed to $2.63 billion, marking a 30 percent increase. In the first eight months of the previous fiscal year, external debt repayments stood at $2.03 billion.


Source: bd News24 March 24, 2025 21:54 UTC



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