
Collapse in external debt commitments: 98 per cent fall at the start of the fiscal year
At the beginning of the current financial year, the foreign loan commitments collapsed. Only USD 2.01 crore was received as project funding and budget support commitments from development partners during July-August. The commitment was $1.14 billion during the same period last fiscal year. According to the Economic Relations Department (ERD) updated report on Monday (September…