Latest FY23 News & Updates

New Delhi, May 25 (IANS) Bangladesh faces a moderate risk of external and overall debt distress with limited capacity to absorb shocks in the near term, the Asian Development Bank (ADB) said.ADB warned that weak revenue mobilisation and rising domestic borrowing are increasing fiscal pressures ahead of the country’s graduation from least‑developed‑country status, the report from Bangladesh-based The Daily Star said.”The lender warned that Bangladesh’s graduation from LDC status in Novemb…