Dhaka, April 8 -- The private-sector credit growth continues plummeting, painting not an encouraging picture for the economy largely dominated by the private sector.

Officials and money-market analysts say such a continuous downturn in the private-sector credit demand, despite marginal easing of import compression on the domestic market, is not a good sign for the $450 billion economy.

Apart from persisting energy crisis in the industrial hubs coupled with latest labour unrest and depreciation of the local currency against the American greenback, the existing business uncertainty stemming from the recent mass uprising made private entrepreneurs cautious on expansion of their businesses, according to them.

On the other hand, bankers see...