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Posts tagged as “private cetor”

Pvt sector foreign debt sees first fall since 2020

by Sohel Parvez in The Daily Star, Jan 2, 2023For the first time since December 2020, private sector borrowing from external sources declined as the appetite among firms eroded for increased borrowing costs. Firms’ total external debt dropped 2 per cent to $25.4 billion at the end of September 2022 from 25.95 billion in June. At the same time, external debt in the public sector decreased as well. Meanwhile, the private sector’s foreign debt grew…