government borrowing

Govt goes heavy on bank borrowing as private demand falls

According to BB, outstanding bank loans to the government rose 24.45 percent in September

Govt borrowing from domestic sources surges

Government borrowing from domestic banks and non-bank sources rose 55 percent year-on-year during the July-April period of the fiscal year (FY) 2024-25, due mainly to weaker foreign loan disbursements and poor tax collection.

Govt’s interest expenses jump

The government's expenses on interest payments rose 22.14 percent year-on-year to Tk 92,538 crore in the last fiscal year due mainly to a higher cost of borrowing.