New Delhi, June 25 (IANS) The Bangladesh government’s foreign debt service burden is projected to almost double to $7.6 billion in FY29 from $4.11 billion in FY25 due to rising interest payments, shorter loan maturities, and repayments for several mega projects which poses a serious threat to the country’s financial stability, according to a report in The Daily Star, a Dhaka-based newspaper.According to the Finance Division’s ‘Medium-Term Macroeconomic Policy Statement’ for FY27-FY29, the …
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New Delhi, April 14 (IANS) The March Economic Outlook prepared by the Finance Division of the Pakistan Government has stated that oil markets remain on tenterhooks, multiple supply outages have heightened crude markets, while geopolitical tensions between Iran and the US have intensified. As a result, oil markets remain volatile, according to an article in the Karachi-based Business Recorder.On March 30, the IMF stated that in the Middle East and South Asia, already meagre reserves and limited m…