Dhaka, April 6 -- Bangladesh is facing a mounting debt crisis, compelling the government to resort to continuous borrowing to meet its repayment obligations.
The Centre for Policy Dialogue (CPD) has highlighted this concerning trend, stressing the urgent need for rapid escalation in domestic resource mobilization.
This not only strains the country's finances but also underscores the critical necessity of strengthening domestic revenue streams.
Recent discussions by CPD, in collaboration with the Asia Foundation, have shed light on the escalating rate of external borrowings and debt servicing obligations.
Bangladesh's total public and private external debt surpassed $100 billion in September 2023.
While the current external debt-to-GDP ...