Bangladesh: Tk 10cr extra to go for Biman payment to US Boeing next month

DHAKA, 28 August 2022, (TON): The depreciation of local currency Taka against the US dollar is likely to lead the government to spend over Tk 10 crore extra to meet payment obligation for Biman Bangladesh Airlines next month.

According to officials in the finance division “the government has already spent Tk 1.32 crore extra in June for clearing an installment against the purchase of two Boeing 787-9s by Biman.”

The government purchased two aircraft from the US company with the country’s reserve fund in 2019.

Sonali Bank has already calculated the exchange rate at Tk 111 that would require about Tk 99 crore for the next installment to be paid in September.

 

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