Bangladesh requests $1.5bn budget support from ADB, AIIB, AFD, and World Bank for foreign exchange pressure due to rising loan repayments.
Bangladesh seeks $1.5bn budget support from ADB, AIIB, AFD, and World Bank to ease foreign exchange pressure amid rising loan repayments. In the first 8 months, foreign debt servicing increased 43% to $2.03bn, with interest payments at $806m. The government anticipates $300m from ADB, $400m from AIIB, $325.51m from AFD, and $500m from the World Bank in the current fiscal year.
April 01, 2024
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