Bangladesh’s Foreign Loans Crosses 12.5 Trillion Taka. As of June this year, Bangladesh’s foreign debt has risen to $103.79 billion, according to a report released by Bangladesh Bank on Wednesday, September 18. With the exchange rate set at 120 taka per dollar, the total debt in local currency has now exceeded 12.45 trillion taka.
The report highlights that nearly 10 trillion taka of the foreign debt was taken by the current government under Prime Minister Sheikh Hasina, while the remainder comes from various private sectors.
In March this year, the combined foreign debt of both the government and private sectors was below $100 billion. However, between April and June, the government took an additional $4.48 billion in loans, pushing the total debt past the previous threshold.
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