Dhaka, Dec. 16 -- State bank borrowing is swelling for having to fund the development projects undertaken by the fallen regime, as the interim government is in a double bind because ditching those will amount to twofold losses.

Finance Adviser of the post-uprising government Dr Salehuddin Ahmed Monday struck such dilemma facing press queries about rising government borrowing from the banking system that economists say may create a crowding-out effect in business financing.

"We can't abandon all the projects taken by the previous government. Some projects already completed 50-60 per cent," he says.

Mr Ahmed was replying to newsmen's queries after chairing two meetings of the Advisers Council Committee on Economic Affairs and Government ...