National Board of Revenue chairman Md Abdur Rahman Khan on Tuesday said that the payment of instalments of the domestic and foreign debts and interest on these loans had become a heavy burden to the country...
The financial account deficit surged to $581 million in the first five months (July鈥揘ovember) of FY2024鈥�25, an increase from a $206 million deficit recorded in the July鈥揙ctober period, primarily due to higher loan repayments coupled with poor loan inflows...
The Federation of Bangladesh Chambers of Commerce and Industry has urged Bangladesh Bank to extend the loan repayment period for defaulters from three months to nine months...
A persistent increase in internal and external government borrowing and the consequent pressure on loan repayment pose a threat to the economy. While economists have for long spoken of negative impacts of the growing government debt, the authorities appear to have ignored the risks and continued to borrow excessively...
The payment of interest by the government against foreign loans became more than double in the first 10 months of the outgoing FY24 against the backdrop dollar shortage...