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Foreign aid disbursement drops 30pc

The disbursement of foreign aid for development projects in Bangladesh has dropped by 30 per cent year-on-year in the first three months of the current fiscal year.

During this July-September period, Bangladesh's development partners disbursed $1,349 million for the country, as per data from the Economic Relations Division (ERD) released yesterday.

The government repaid foreign debts amounting to $526 million in the first quarter, down 11 per cent year-on-year.

However, the commitment of development partners also increased by 331 per cent year-on-year from $94.03 million in the past three months. Read More...

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