Country spends Tk 14,000 cr yearly on debt servicing

UNB, Dhaka

Bangladesh has to pay some Tk 14,000 crore annually in interest on a cumulative foreign loan hangover of 52 billion US dollars since independence, substantially curtailing its development spending.
Against this backdrop, the National Board of Revenue has taken a move to generate tax money from myriad potential taxpayers to help government out of credit trap. And at a single meet in one tax zone Thursday 2,742 new taxpayers registered voluntarily, paying nearly Tk 90 lakh. [Read more]


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