Dhaka, March 8 -- Bangladesh's private-sector short-term foreign borrowings have continued to decline, falling below $10 billion in January this year for the first time in nearly four years.
According to the latest data from the central bank, the outstanding debt stood at $9.8 billion at the end of January 2025.
In comparison, the country's outstanding private-sector short-term foreign debt was $11.25 billion in January 2024. The last time the debt was lower was in December 2020, when it amounted to $9.2 billion.
Since then, the private sector's short-term foreign debt has been steadily increasing. By the end of 2021, it had reached $15.46 billion, a rise of approximately $6 billion within a year.
Experts suggest that the decline in bor...