Bangladesh, March 30 -- Foreign debt repayments in Bangladesh are approaching the level of new external inflows, reflecting growing pressure on the country's external financing position.

During the first eight months of the current fiscal year (July-February), repayments of foreign loans in principal and interest nearly matched the volume of new loans and grants received.

According to an updated report released by the Economic Relations Division (ERD) on Monday, Bangladesh received $3.053 billion in foreign loans and grants during the July-February period, while total repayments to external lenders stood at around $2.9 billion over the same period.

The figures highlight the increasing burden of external debt servicing in recent years....