Bangladesh’s per capita debt Tk 95,019: BB

According to the latest report of Bangladesh Bank (BB) revealed that Bangladesh's domestic and external debt stands at around Tk16.14 lakh crore) and as a result of which, the per capita debt of people stands at Tk95,019. 

On the other hand income is still higher than per capita debt. The current annual per capita income of the people of the country is $2,793, which is around Tk3.3 lakh in Bangladeshi currency.

Though Bangladesh is still in a good position in terms of debt-GDP ratio compared to many countries in the world, a big portion of the national budget is spent on loan interest payments, said Economist Ahsan H Mansur.

Even if the income is higher; the risk of debt is now a headache due to lower revenue collection. Other hand the supply chain disrupted for the influence of the Russia-Ukraine war and hence the trade deficit is reducing the government's debt repayment capacity, he said.

He aslo said, foreign exchange crisis, higher non-performing loans, global economic slowdown, and decreasing trend of inward remittances flow are the challenging matters to secure the debt repayment capacity.