Dhaka, Feb. 23 -- Bangladesh is facing a worrying decline in private sector investment, exacerbated by prolonged political instability.
The country's banking sector has witnessed a surge in excess liquid assets, reaching Tk2.15 lakh crore at the end of December 2024, compared to Tk1.63 lakh crore a year earlier.
According to a report published in a news portal on Friday, this stark increase, largely driven by reduced private-sector borrowing, signals a deep-rooted economic uncertainty that could have long-term ramifications.
One of the most telling indicators of this downturn is the fall in private sector credit growth, which stood at 7.28 per cent in December 2024, down from over 10 per cent the previous year.
With businesses hesitant ...