Daily Borrowing of Tk 1,000 Crore Raises Concerns Over Banking Sector Stability

Fresh concerns have emerged over the countryโ€™s growing dependence on bank borrowing. Critics allege that the government led by the Bangladesh Nationalist Party (BNP) is taking loans of nearly Tk 1,000 crore every dayโ€”an amount they describe as a serious warning signal for the economy.

According to these claims, the administration under Dr. Muhammad Yunus has borrowed เฆชเงเฆฐเฆพเงŸ Tk 2 lakh crore from the banking sector over the past 18 months. However, no detailed official explanation has yet been clearly presented by the government regarding these figures.

Critics further allege that within just 43 days of assuming office, the new government borrowed Tk 41,000 crore. In the last three months alone, that figure reportedly rose to around Tk 56,000 crore. In the first nine months of the current fiscal year, total bank borrowing has exceeded Tk 1.09 lakh crore, surpassing the full-year target of Tk 1.04 lakh crore.

Meanwhile, political discussions also point to declining public confidence in Tarique Rahman, with some observers saying initial expectations have gradually turned into disappointment.

Economists warn that excessive government borrowing from banks could crowd out private sector lending. This may slow down investment, reduce job creation, and ultimately hinder overall economic growth.

They note that when a state relies heavily on borrowing to run its operations, it creates long-term pressure on economic stability. Such a trend could push the country toward a cycle of debt dependency.

However, officials from the finance ministry argue that borrowing from banks is a standard method to manage budget deficits and continue development activities. They maintain that necessary policy measures are being taken to keep the situation under control.

As borrowing continues to rise, a key question remains: is this a temporary fiscal pressure, or is the economy moving toward a deeper dependence on debt?

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