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22 July 2024


Business Insider Bangladesh

Bangladesh’s external debt decreased by $1.34bn

BI Desk || BusinessInsider

Published: 00:08, 26 June 2024  
Bangladesh’s external debt decreased by $1.34bn

Photo: Collected

Bangladesh's foreign debt has decreased by $1.34 billion in the first three months of this year, according to adata of Bangladesh Bank (BB).

According to the data from the BB, the county's total public and private sector debt stood at $99.30 billion as of March last.

The external debt for the first time climbed to $100.64 billion in December last year, reports BSS.

At the end of March this year, the private sector's total debt stood at $20.29 billion, 3 percent lower than $20.94 billion in December last year.

Meanwhile, the government's foreign debt stood at $79 billion, down from $79.69 billion as of the end of 2023.

In March, the private sector's short-term foreign debts reached at $11.04 billion, a decrease by $750 million from $11.79 billion in December.

However, the private sector's long-term external debt decreased to $91.53 billion in March from $92.56 billion in December.

Walton