Bangladesh is following a growing trend of quasi-SWF infra funds with the launch this week of the Bangladesh Infrastructure Development Fund (BIDF), using a foreign exchange windfall for economic development. Yet, the BIDF carries the risk of potentially risky FX reserve depletion and the build-up of a bad loan portfolio...
Bangladesh is following a growing trend of quasi-SWF infra funds with the launch this week of the Bangladesh Infrastructure Development Fund (BIDF), using a foreign exchange windfall for economic development. Yet, the BIDF carries the risk of potentially risky FX reserve depletion and the build-up of a bad loan portfolio...