Habitual defaulters' reluctance to repay the funds fuelled the amount to reach Tk 120,656 crore
The International Monetary Fund has identified the problems in the banking system, including the high volume of defaulted loans, as one of the three domestic risks that derail the economy in the short- to medium-term.
While the government is distracted by elections, the financial economy will suffer
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Investigation into financial irregularities the first step forward
Finance Minister AHM Mustafa Kamal today told the parliament that as of March this year, the amount of defaulted loans in the country was Tk 126,369 crore.
The total amount of default loan in the country now stands at Tk 1,11,347 crore, Finance Minister AMA Abdul Muhith tells parliament.
Habitual defaulters' reluctance to repay the funds fuelled the amount to reach Tk 120,656 crore
The International Monetary Fund has identified the problems in the banking system, including the high volume of defaulted loans, as one of the three domestic risks that derail the economy in the short- to medium-term.
While the government is distracted by elections, the financial economy will suffer
Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.
Investigation into financial irregularities the first step forward
Finance Minister AHM Mustafa Kamal today told the parliament that as of March this year, the amount of defaulted loans in the country was Tk 126,369 crore.
The total amount of default loan in the country now stands at Tk 1,11,347 crore, Finance Minister AMA Abdul Muhith tells parliament.