Bangladesh paid $1.98 billion in principal and interest in Jul-Dec of 2024, up from $1.57 billion in the same period the previous year
Bangladesh’s foreign debt servicing surged 29 percent year-on-year in the first three months of fiscal 2024-25 owing to the country’s expanded foreign loan portfolio and the rise in global interest rates.
In July-April of 2023-24, the government paid $2.81 billion as principal and interests, which was $1.95 billion in the same period of the previous year, according to the data released yesterday by the Economic Relations Division (ERD).
In the July-March period of fiscal year 2023-24, the government paid $1.05 billion in interest, which is 117 percent higher than the $485 million it paid during the same period a year ago.
Bangladesh paid $1.98 billion in principal and interest in Jul-Dec of 2024, up from $1.57 billion in the same period the previous year
Bangladesh’s foreign debt servicing surged 29 percent year-on-year in the first three months of fiscal 2024-25 owing to the country’s expanded foreign loan portfolio and the rise in global interest rates.
In July-April of 2023-24, the government paid $2.81 billion as principal and interests, which was $1.95 billion in the same period of the previous year, according to the data released yesterday by the Economic Relations Division (ERD).
In the July-March period of fiscal year 2023-24, the government paid $1.05 billion in interest, which is 117 percent higher than the $485 million it paid during the same period a year ago.
