AGL 39.18 Decreased By ▼ -0.82 (-2.05%)
AIRLINK 127.70 Decreased By ▼ -1.36 (-1.05%)
BOP 6.85 Increased By ▲ 0.10 (1.48%)
CNERGY 4.68 Increased By ▲ 0.19 (4.23%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.15 Increased By ▲ 0.33 (0.81%)
DGKC 82.21 Increased By ▲ 1.25 (1.54%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 74.19 Decreased By ▼ -0.24 (-0.32%)
FFL 11.81 Increased By ▲ 0.07 (0.6%)
HUBC 110.24 Increased By ▲ 0.66 (0.6%)
HUMNL 14.17 Increased By ▲ 0.42 (3.05%)
KEL 5.22 Decreased By ▼ -0.09 (-1.69%)
KOSM 7.57 Decreased By ▼ -0.15 (-1.94%)
MLCF 39.00 Increased By ▲ 0.40 (1.04%)
NBP 63.68 Increased By ▲ 0.17 (0.27%)
OGDC 192.73 Decreased By ▼ -1.96 (-1.01%)
PAEL 25.56 Decreased By ▼ -0.15 (-0.58%)
PIBTL 7.28 Decreased By ▼ -0.11 (-1.49%)
PPL 153.00 Decreased By ▼ -2.45 (-1.58%)
PRL 25.58 Decreased By ▼ -0.21 (-0.81%)
PTC 17.52 Increased By ▲ 0.02 (0.11%)
SEARL 82.02 Increased By ▲ 3.37 (4.28%)
TELE 7.62 Decreased By ▼ -0.24 (-3.05%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.44 Increased By ▲ 0.04 (0.48%)
TREET 16.31 Increased By ▲ 0.04 (0.25%)
TRG 56.65 Decreased By ▼ -1.57 (-2.7%)
UNITY 27.50 Increased By ▲ 0.01 (0.04%)
WTL 1.36 Decreased By ▼ -0.03 (-2.16%)
BR100 10,495 Increased By 49.5 (0.47%)
BR30 31,096 Decreased By -93.5 (-0.3%)
KSE100 98,160 Increased By 361.6 (0.37%)
KSE30 30,643 Increased By 162.6 (0.53%)

NEW DELHI: Bangladesh Prime Minister Sheikh Hasina has said her country will not face a situation like the economic crisis in Sri Lanka although her government has sought loans from global agencies amid a fall in its reserves and surging import costs.

In an interview with Reuters partner ANI, aired ahead of her visit to India on Monday, Hasina said that Bangladesh’s economy remained strong despite the impact of COVID-19 and the Russia-Ukraine war.

Bangladesh’s $416 billion economy has been one of the fastest-growing in the world for years but dwindling foreign exchange reserves due to inflated import bills have prompted the government to seek loans from global agencies, including the International Monetary Fund (IMF).

“Bangladesh has always timely (in paying) our debt; our debt rate is very low in the context of Sri Lanka,” Hasina said.

“Some people have raised this issue that Bangladesh will be Sri Lanka, but I can ensure that that will not happen.”

Bangladesh seeking IMF loan but economy not in trouble: finance minister

Sri Lanka reached a preliminary agreement with the IMF on Thursday for a loan of about $2.9 billion, after the country plunged into a crisis due to economic mismanagement and the COVID-19 pandemic wiped out its key tourism industry.

During her four-day visit to India, Hasina will meet her Indian counterpart and other leaders.

Comments

Comments are closed.