Bangladesh's foreign debt stock has exceeded $104 billion, with the government and public sector loans totalling $84.45
billion.
The remaining $19.91 billion has been taken by the private sector, bringing the total foreign debt to $104.36 billion.
Bangladesh Bank released this data in a report on Tuesday, covering the foreign debt status up to the September quarter of 2024.
According to the report, 81 percent of the total foreign loans were received by the government sector, while the private sector accounted for the rest.
Of the total debt, $91.72 billion, or 88.19 percent, is long-term, while short-term loans in the private sector amount to $12.62 billion.
At the end of the June quarter, the foreign debt stood at $103.40 billion, indicating an increase of over $960 million within three months.
A senior official from Bangladesh Bank told bdnews24.com: "In the last ten years, significant foreign loans have been secured for mega projects in the country. A substantial portion of foreign debt has been used in the power sector, including the Rooppur Nuclear Power Plant construction project."
He added that foreign loans have also been utilised for the Rampal Power Plant, Matarbari Power Plant, and other projects.
bdnews24.com
