EU ambassador praises Bangladesh's loan terms in DCAB talks, says it is most attractive compared to other countries

EU ambassador praises Bangladesh's loan terms in DCAB talks, says it is most attractive compared to other countries

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Speaking at an exchange of views organised by the Diplomatic Correspondents Association, Bangladesh (DCAB), the European Union (EU) Ambassador spoke about economic growth, climate change, defence and security cooperation, Rohingya problems and future challenges.

Charles Whiteley praised Bangladesh for its repayment of foreign debts. He said that the average debt-to-GDP ratio in many Asian countries is 80 percent. In European Union countries, it is more than 80 percent. Bangladesh's situation is very good and this means that Bangladesh is a good country to lend to.

The International Monetary Fund (IMF) is satisfied with the situation of Bangladesh and is providing assistance to Bangladesh. This is why the European Investment Bank (EIB) is interested in investing in Bangladesh. The bank is providing assistance for renewable energy.

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