Bangladesh to finalise plan to tap forex reserves before budget

The Bangladesh government is likely to decide on borrowing funds for different projects from foreign exchange reserves before the next national budget, says Finance Minister AHM Mustafa Kamal

Dec 17, 2020
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The Bangladesh government is likely to decide on borrowing funds for different projects from foreign exchange reserves before the next national budget, says Finance Minister AHM Mustafa Kamal.

The minister revealed the planned time for finalising the decision at a virtual briefing after a meeting of the Cabinet Committee on Government Purchase on Thursday.

The government expected the reserves to cross $42 billion this month. “We were able to do that even earlier. This is an achievement for the nation,” Kamal said.


https://bdnews24.com/economy/2020/12/17/bangladesh-to-finalise-plan-to-tap-forex-reserves-before-budget

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