July 09, 2026
The conglomerate owes Tk 240 billion to 29 banks
Private sector credit growth target cut to 6.8 percent by December
The new policy will seek to curb inflation while supporting private sector lending
The finance minister outlines a strategy to ease the cost-of-living burden despite consumer prices recently hitting a 16-month high
“The prerequisite for investment in any country is a favourable investment environment. There was no stability in the country for some time,” one CEO says
Economists say relaxed corporate lending limits may intensify pressure on an already fragile financial sector
“Many are burning through their savings. A lot of them don’t even have any savings,” says Prof Selim Raihan
The demand comes at a time when the government is grappling with new economic pressures
