Image courtesy: The Daily Star
Country’s external debt crossed $103 billion again at the end of June this year after falling slightly in March.
The public sector's share of the external debt amounted to $83.21 billion at the end of June while the private sector accounted for $20.57 billion, central bank data showed.
Bangladesh’s external debt crossed the $100-billion mark for the first time in December last year before coming down to $99.30 billion in March this year.
Total external debt increased by 4 percent in the April-June quarter compared to the January-March quarter, data showed.
Although the debt buildup remains within the threshold recommended by the International Monetary Fund (IMF), it is becoming a headache for the country in light of unfavourable developments on various economic fronts.
In the April to June quarter, the public sector's share of external debt increased by 5.32 percent while the private sector's share increased by only 1.37 percent, BB data showed.