Bangladesh to explore int'l bond market for fundraising, lower internal borrowing
Bangladesh, July 15 -- Bangladesh will expedite efforts to explore international bond markets to gather an increased volume of foreign funds to finance development works, the government was learnt to have told a visiting IMF delegation on Tuesday.
This way, it said, the domestic borrowings will be lessened as it ultimately lowers fund flow to the private sector, according to sources.
The International Monetary Fund (IMF) delegation on the day had meetings with the Government Debt and Financial Asset Management Wing of the Finance Division where they discussed domestic and external financing plans, government guarantees and the financing of the state-owned enterprises.
Also, the sources said, the Fund mission had meetings with the Econ...
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