Bangladesh, Aug. 12 -- Bangladesh's amount of outstanding short-term foreign debt has decreased by nearly $1.34 billion in June, a nearly 11.75 percent drop year-on-year.

The latest data from Bangladesh Bank says that short-term foreign debt stood at $10.06 billion in June. In June 2024, the amount was $11.40 billion.

In May this year, the balance was $10.22 billion.

Short-term foreign debt refers to financing from foreign sources, the repayment period of which is less than one year.

These loans are usually taken out by private companies for business activities such as payments for imported goods, purchase of services, or meeting other short-term financial needs.

According to the latest data from the central bank, in June this year, ...