Dhaka, Oct. 1 -- The government would pursue a "cautious stance" on obtaining foreign loans amid the significant rise in total external debts, Finance Adviser Dr Salehuddin Ahmed said Tuesday.

"This year, we are very cautious about taking new loans," he told a group of reporters at his Bangladesh Secretariat office.

His comment came after a journalist drew his attention to the International Monetary Fund (IMF) putting a cap on Bangladesh's foreign loans.

Under the condition, Bangladesh would not be allowed to borrow over $8.44 billion during the current fiscal year.

"I have seen it," said Mr Ahmed, adding that the government was very cautious about taking fresh loans this year.

"We are becoming cautious on our own because we are tryi...