Bangladesh's external debt decreased by $1.34bn
Bangladesh's foreign debt has decreased by $1.34 billion in the first quarter of 2024.
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 of 2023.
At the end of March this year, the private sector's total debt stood at $20.29 billion, 3% 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.
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