Bangladesh’s external debt decreased by $1.34b

Bangladesh’s external debt has decreased by $1.34 billion in the first three months of the current year, according to data from the Bangladesh Bank (BB).

As of March this year, the country's total public and private sector debt amounted to $99.30 billion, said the BB data.

In December last year, the external debt reached $100.64 billion but it has since shown a decline trend.

Specifically, the private sector's total debt stood at $20.29 billion as of March, a 3% decrease from $20.94 billion in December.

Meanwhile, the government's foreign debt decreased to $79 billion from $79.69 billion at the end of 2023.

As of March, the private sector's short-term foreign debts amounted to $11.04 billion, down by $750 million from $11.79 billion in December.

However, the private sector's long-term external debt also decreased to $91.53 billion in March from $92.56 billion in December.