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No more ‘Sycophancy’ for foreign loans, says BB Governor

Bangladesh’s balance of payments (BoP) has significantly improved, with a robust foreign savings position, eliminating the necessity of seeking foreign loans through “sycophancy,” Bangladesh Bank Governor Ahsan H Mansur stated today (4 March 2025).

"We will not compromise. Our external financial position is now very strong," he asserted during a roundtable titled Path to Recovery for the Banking Sector, organised by The Business Standard at its office in the capital.

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