In the first three months of this year, Bangladesh’s foreign debt dropped by US$1.34 billion.
The county’s total debt, including both governmental and private sector debt, was $99.30 billion as of March of last year, according to figures from the Bangladesh Bank.
In December of last year, the national debt increased to $100.64 billion for the first time.
The overall debt of the private sector at the end of March of this year was $20.29 billion, which is 3% less than the $20.94 billion it was in December of previous year.
By the end of 2023, the government’s foreign debt had decreased to $79 billion from $79.69 billion.
The short-term foreign debt held by the private sector as of March was $11.04 billion, down $750 million from December’s $11.79 billion.
Nonetheless, the long-term external debt of the private sector dropped from $92.56 billion in December to $91.53 billion in March.
