Latest finance News & Updates

New Delhi, Jan 8 (IANS) Bangladesh is facing a major economic problem as rising debt repayments, much of them linked to Chinese loans, squeeze public finances and limit policy choices. Senior officials now openly acknowledge that the country has fallen into a debt trap like Sri Lanka and Pakistan, according to a report in the London-based ‘Asian Lite’ newspaper.Chairman of Bangladesh’s National Board of Revenue M Abdur Rahman Khan said at a seminar recently that the country “has already fall…