Bangladesh needs huge amount of hard currencies for achieving Sustainable Development Goals

Published on : Thursday, March 28, 2019

 

However, these are not sufficient to meet the development needs of the country. As a result, Bangladesh has to rely on foreign loans which will stand in the coming year at more than Taka 3 trillion and about Taka 9 trillion including loans taken from domestic sources.

 

Hence, Bangladesh needs to find out more and more avenues for earning hard currencies to stop the increase of the already huge burden of and reduce the burden of and dependence on external loans. Bangladesh has great potential to attract foreign tourists. Its scenic tourist spots have the potential to profusely add to the earnings of hard currencies for the country.

 

Tourism industry insiders claim that Bangladesh can attract large numbers of global tourists, mostly from China, India and Myanmar. As proposed by Chinese President Xi Jinping, China is giving much importance to cross-border tourism under the Belt and Road Initiative (BRI).