Bangladesh interest payments
Allocation for interest payments to rise 38%
The allocation for interest payments of domestic and foreign loans will likely increase by 38 percent to Tk 129,000 crore in the upcoming budget due to a significant hike in the cost of borrowing from both sources
Govt’s interest expenses jump 26% in 6 months as funds get costlier
The interest costs for domestic loans increased 13.58 percent to Tk 42,313 crore while the same for foreign credits surged 195.81 percent to Tk 7,910 crore.
May 29, 2024
Allocation for interest payments to rise 38%
The allocation for interest payments of domestic and foreign loans will likely increase by 38 percent to Tk 129,000 crore in the upcoming budget due to a significant hike in the cost of borrowing from both sources
April 2, 2024
Govt’s interest expenses jump 26% in 6 months as funds get costlier
The interest costs for domestic loans increased 13.58 percent to Tk 42,313 crore while the same for foreign credits surged 195.81 percent to Tk 7,910 crore.
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