Showing posts with label taka. Show all posts
Showing posts with label taka. Show all posts

Tuesday, April 6, 2010

Bangladesh economy receives 'stable' S&P rating













DHAKA: Bangladesh got its first sovereign credit rating on Tuesday, with Standard & Poor’s saying Dhaka’s economic outlook was stable but constrained by high levels of debt and poor revenue collection.
 
The move means import and export costs will be significantly lower, while the country will be able to attract more foreign direct investment, central bank governor Atiur Rahman said.