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Bangladesh’s external debt decreased by $1.34 billion
  Date : 25-07-2024

News Desk : Bangladesh`s foreign debt has decreased by US$1.34 billion in the first three months of this year.

According to the data from the Bangladesh Bank, the county`s total public and private sector debt stood at $99.30 billion as of March last.

The external debt for the first time climbed to $100.64 billion in December last year.

At the end of March this year, the private sector`s total debt stood at $20.29 billion, 3 percent lower than $20.94 billion in December last year.

Meanwhile, the government`s foreign debt stood at $79 billion, down from $79.69 billion as of the end of 2023.

In March, the private sector`s short-term foreign debts reached at $11.04 billion, a decrease by $750 million from $11.79 billion in December.

However, the private sector`s long-term external debt decreased to $91.53 billion in March from $92.56 billion in December.

Source: BSS

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