Crisis deepens as debt discipline remains absent
Crisis deepens as debt discipline remains absent

Bangladesh is grappling with a mounting financial crisis, marked by escalating government debt and surging defaulted loans. The governments total debt now stands at an alarming Tk 20.49 trillion, with domestic debt comprising Tk 10.20 trillion and foreign debt totaling Tk 10.13 trillion, equivalent...

Amount of defaulted loans may exceed 6 lakh crores
Amount of defaulted loans may exceed 6 lakh crores

Husne Ara Shikha, executive director and spokesperson of Bangladesh Bank, said that earlier the information on defaulted loans was hidden, but now efforts are being made to reveal all the hidden information. According to the information, the defaulted loans are of Tk 4 lakh crores or more. If...

Traders face escalated risk of default once again
Traders face escalated risk of default once again

Industrial production has sharply declined, and export income has been severely disrupted, bringing business and trade to a near standstill. Multiple pressures, including political instability, have contributed to this economic downturn. Among these challenges, a key factor is the reduction in the...