Overseas credit commitments drop by 91pc in July-Nov - News Summed Up

Overseas credit commitments drop by 91pc in July-Nov


"Foreign loans primarily come around project implementation. The momentum this year has further slowed due to the impact of the July-August protests. "A power plant was built with financing from the Asian Development Bank, but it is now idle due to a lack of gas. The Karnaphuli Tunnel, funded by a loan from China, is also not generating returns," Zahid said.He added, "The interim government must now reconsider all projects. It's not just about taking loans; careful attention must also be paid to how they are utilised."


Source: bd News24 December 30, 2024 18:14 UTC



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