Home Business In 8 months, foreign debt repayments exceeded 2 billion dollars, an increase of 43 percent

In 8 months, foreign debt repayments exceeded 2 billion dollars, an increase of 43 percent

by endroar

Ahsan H. Mansoor, executive director of the private research institute Policy Research Institute (PRI), told Prothom Alo that the country's foreign debt situation has come under some pressure since the fiscal year 2016-17. Debt payments are now increasing due to debt from China and Russia. This pressure will increase in the future.

According to the ERD sources, in the first 8 months of the current financial year, the development partners gave a total of 499 million 75 million dollars in loans. During July-February of the last financial year, its amount was 487.65 billion dollars.

The Asian Development Bank (ADB) disbursed the largest amount during this period. The company has written off $1.3 billion in the first 8 months of the fiscal year. Next is Japan. At this time, Japan gave 104 million dollars. The third-placed World Bank has released $880 million. Apart from this, Russia has discounted 81 million dollars, China 360 million dollars and India 190 million dollars.

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