Bangladesh is having growing difficulty repaying foreign debts, particularly those for the power sector. A recent lawsuit concerning the Ashuganj Power Station Company Ltd (APSCL) emphasizes the issue. The APSCL failed to make a loan installment payment, causing it to dig into its debt service reserve account. This action has disturbed the loan’s international lenders, who are concerned about the company’s and Bangladesh’s overall liquidity levels. The electricity sector’s repayment issues are part of a larger problem, since the country confronts a foreign cash crisis. This predicament puts pressure on the government to find measures to avert future financial problems.
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