Web Analytics
Bangla
Loading date...
RECENT THREADS SOCIAL PAGE LOGIN

Bangladesh’s Economic Relations Division (ERD) reported that in the first nine months of the current fiscal year (July–March), foreign loan commitments and disbursements declined, while repayment obligations increased significantly. The government repaid a total of 3.52 billion US dollars in principal and interest, up 9.74 percent from the same period last year. Meanwhile, foreign aid commitments fell by 6.69 percent to 2.80 billion dollars, and total disbursements dropped by 19 percent to 3.89 billion dollars.

ERD officials attributed the slowdown in foreign fund releases to election-related transitions, administrative restructuring, and project re-evaluations following the new government’s assumption of office. Delays in tender reviews, contract approvals, and design revisions also contributed to slower disbursements. The officials expect improvement later in the fiscal year, citing efforts to secure about 3.2 billion dollars in budget support.

The report noted that Russia, the World Bank, and the Asian Development Bank were the top lenders during the period. Rising repayment obligations, both foreign and domestic, indicate growing fiscal pressure on the government, with total repayments reaching about 430 billion taka in local currency terms.

Card image

Related Rumors

logo
No data found yet!

The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.