While the government is distracted by elections, the financial economy will suffer
Bangladesh’s private sector credit growth surged to 14.07 per cent in August, almost touching the central bank’s target for the entire fiscal year, an ominous sign for the economy since it may stoke inflationary pressures.
Private sector credit growth in Bangladesh rose further in July despite a contractionary monetary policy adopted by the Bangladesh Bank for the current fiscal year to tame higher inflation.
Private sector credit growth in Bangladesh accelerated to a four-year high of 13.66 per cent last fiscal year from what was in the preceding year.
Private sector credit growth remained slow in October as bankers lent cautiously ahead of polls.
While the government is distracted by elections, the financial economy will suffer
Bangladesh’s private sector credit growth surged to 14.07 per cent in August, almost touching the central bank’s target for the entire fiscal year, an ominous sign for the economy since it may stoke inflationary pressures.
Private sector credit growth in Bangladesh rose further in July despite a contractionary monetary policy adopted by the Bangladesh Bank for the current fiscal year to tame higher inflation.
Private sector credit growth in Bangladesh accelerated to a four-year high of 13.66 per cent last fiscal year from what was in the preceding year.
Private sector credit growth remained slow in October as bankers lent cautiously ahead of polls.