Dealing with Bangladesh’s Odious Debt

Dealing with Bangladesh’s Odious Debt

SYDNEY, NEW YORK, WASHINGTON DC, Aug 16 (IPS) - Bangladesh has become increasingly indebted since 2009. The country's external debt stock increased from US$23.3 billion in 2008 to US$100.6 billion in December 2023 (see figure below). Thanks to the country's mega-projects led so-called development with borrowed money under the now deposed authoritarian regime of Sheikh Hasina.

Read the full story, “Dealing with Bangladesh’s Odious Debt”, on globalissues.org

https://www.globalissues.org/news/2024/08/16/37434 [Collection]

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