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Posts tagged as “heavier”

Debt burden gets heavier as Bangladesh runs low on capacity to repay

by Rejaul Karim Byron in Daily Star,Dec 21, 2023Bangladesh’s debt service to revenue ratio is projected to cross the 100 percent mark for the first time owing to rising loans and lower tax and export receipts, highlighting the growing risk to the country’s capacity to repay. The debt service-to-revenue and grants ratio stood at 58.7 percent in the fiscal year of 2020-21 but it surged to 72 percent in FY22 and 71.8 percent in the…