Dhaka, Sept. 23 -- Finance Adviser Salehuddin Ahmed has stressed that Bangladesh must urgently shift its financing strategy toward mobilizing resources from the capital market rather than depending excessively on loans and taxes.

He cautioned that persistent over-reliance on borrowing has already contributed to the country's growing default culture, undermining both financial stability and investor confidence.

Speaking at a seminar titled "Unlocking Bangladesh's Bond and Sukuk Markets: Fiscal Space, Infrastructure Delivery and Islamic Money Market Development"-jointly organised by the Bangladesh Securities and Exchange Commission (BSEC) and the Dhaka Stock Exchange (DSE) at DSE Tower on Sunday.

Salehuddin emphasised that private sector...