• Saturday, Dec 05, 2020
  • Last Update : 11:41 am

Foreign aid disbursement falls 5.8%

  • Published at 12:11 am March 24th, 2017
Foreign aid disbursement falls 5.8%
Foreign aid disbursement declined 5.80 % year-on-year in the eight months to February this fiscal year. The amount of decline is Tk11.96 crore during the period, which has negative impacts on the balance of payments and is not keeping the government borrowing at tolerable levels. Foreign aid in the pipeline is significantly low as well. At the end of February last year the amount was $1.95bn. In the July-February period of the fiscal last year 2015-16, disbursement stood at $2.07bn, according to the Economic Relations Division (ERD). Of $1.95bn the disbursement of loan amount is Tk172.78 crore while the grant amount is Tk22.42 crore. “It is now normal matter. Foreign aid disbursement will definitely increase as the Russian authorities are going to disburse a handsome amount of fund for construction of Bangladesh’s first nuclear power plant,” said an ERD official. Bangladesh received 17% less foreign aid in the first half of the current fiscal year for belt-tightening by some donors, especially for a pause made by Japan.
50
50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail