Jumbangla Desk: In the first three months of the current financial year, Bangladesh has to repay about 280 million dollars more than the amount of debt received in the country. Not only that, the commitment of foreign loans has also fallen to the bottom at this time. However, economists call this situation normal. Giving reasonable loan advice.
Dollar
The pressure of foreign debt repayment is increasing in the country. In the first quarter of the current financial year, i.e. July to September, the country had to repay more than the foreign debt received.
According to the Economic Relations Department's (ERD) foreign debt update report, Bangladesh paid $112.65 million in interest and principal in the first quarter of the year. Where it has been possible to waive 84 crore 61 lakh loans from various donor organizations and countries at this time. That is, in these three months, debt repayment was about 280 million dollars more than debt relief.
According to the ERD data, while the concessions have decreased compared to the same period of the previous financial year, the amount of loan repayments has also increased. Economists see such a situation naturally. However, they are advised to take reasonable loans to reduce the pressure in the future.
Economist Professor Dr. Mohammad Helal Uddin said that the loan repayment amount has increased. But this is normal. If you take a loan, you have to repay it. But in the case of taking a loan in the future, a logical decision should be taken after scrutiny.
Meanwhile, foreign loan commitments fell to near-bottom during the July-September period. In those three months, only 2 crore 74 million dollars of loan was officially promised.