Bangladesh may face the same dire economic state of SL

[bluesky]

Bangladesh may face the same dire economic state of SL

 

[Black Tornado]

Nope it will never, no matter how import growth continues the exports of textiles and remittances will continue to grow at the same pace. So no-SL style stuff gonna happen with BD.

 

[bluesky]

 

[rainbowrascal]

Bangladesh may face the same dire economic state of SL

Ok so Bangladesh will have to pay 4bn+ dollars afterwards 2024, and that is IMPOSSIBLE for us.

Ok that makes sense!

Just in comparison, in 2020-21 both Bangladesh and Pakistan collected tax around 31bn usd. In that same period pakistan serviced debt amount of 7.4bn usd. so how did they do it, and why won't we be able to pay just 4bn??

even if we don't consider that by 2024 our tax collection will enlarge, we have 4x forex than them and more exports.

so how is it impossible please educate me someone.

 

[UKBengali]

Guys, best not to respond to this troll who keeps going on about BD ending up in the same situation like Sri Lanka.

The thought is totally absurd as BD is one of the most fiscally conservative countries in the whole world, let alone the region.

ADB has already carried out a debt sustainability study for BD and the data is here:

https://www.adb.org/sites/default/files/linked-documents/55078-001-sd-03_0.pdf

As can be seen, BD debt burden will slowly start to ease till 2025. In fact ADB has used a conservative estimate of likely BD export growth - they never predicted that BD exports would grow 40% just this fiscal.

There are 3 obvious trolls on the BD forum that have BD flags and if people stopped feeding them from time to time they will go away. None are here to learn but to push their agenda.