In the July-March period of the fiscal year 2023-24, the government paid $1.05 billion, which is 117 percent higher year on year
Unused foreign loans keep piling up as the government is not properly implementing these funds for available projects
Fisheries Minister SM Rezaul Karim says at ERD event
The government’s foreign debt repayment has become costlier owing to the sharp depreciation of the taka against the US dollar in recent months.
Bangladesh’s external debt repayment obligation will double in the next three years, according to data of the Economic Relations Division (ERD).
That development projects in Bangladesh are rarely completed on time and within the original budget is well established by now.
In the July-March period of the fiscal year 2023-24, the government paid $1.05 billion, which is 117 percent higher year on year
Unused foreign loans keep piling up as the government is not properly implementing these funds for available projects
Fisheries Minister SM Rezaul Karim says at ERD event
The government’s foreign debt repayment has become costlier owing to the sharp depreciation of the taka against the US dollar in recent months.
Bangladesh’s external debt repayment obligation will double in the next three years, according to data of the Economic Relations Division (ERD).
That development projects in Bangladesh are rarely completed on time and within the original budget is well established by now.