BD’s Q1’ FY23 external debt falls

Business Report :
The country’s external debt declined to some extent in the first quarter of the current fiscal FY23 thanks to lower public borrowings due to stalled less-priority projects amid sluggish economic situation.
The debt fell by over $2.54 billion to $92.69 billion in the July-September quarter of FY23 from $95.23 billion in the previous quarter (April-June period of FY22), according to latest figures of Bangladesh Bank.