Bangladesh, Oct. 10 -- State Minister for Local Government, Rural Development and Cooperatives Mir Shahe Alam today (Saturday) said the country's foreign exchange reserves had increased by US$11 billion over the past seven months to reach US$37 billion despite various economic challenges.

He also said that the country's overall debt burden had declined from 37 percent to 32 percent during the period, BSS reports.

"Foreign exchange reserves stood at US$20 billion when the then autocratic government was ousted on August 5, 2024, following the mass uprising," he said.

The state minister made the remarks while addressing a discussion on formulating strategies to install solar power systems through cooperative societies in urban and rural ...