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What is Bangladesh Power Sector Arrears Crisis about?

The interim government of Bangladesh is facing challenges in paying power bill arrears due to unfavorable contracts and rising fuel prices, with total arrears in the power sector reaching Tk 37,000 crore. The government has committed to reducing these arrears as part of an IMF loan program, but current subsidies and unpaid bills are straining finances. Additionally, the BNP is proposing constitutional reforms to balance the powers of the president and prime minister, including the restoration of a caretaker

Author

haque1705042

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EN