19th March 2025
EP Report
The government will clear the arrears it owes to international energy suppliers within the next two months.
"We are going to clear the arrears to international companies in the next two months," Fouzul Kabir Khan, energy adviser of the interim government said on 5 March.
He said the finance ministry has assured him of providing all necessary support for making the payments.
"We hope there will be a substantial breakthrough in clearing the arrear bills to international companies," the adviser said.
Bangladesh has been struggling to pay international companies for its purchases of oil, gas, and electricity due to a shortage of foreign currency, as its reserves dropped to $22 billion in 2024 from $48 billion a year ago.
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