Dhaka, July 12 -- The government's net borrowing from commercial banks fell significantly in the 2024-25 fiscal year, reaching Tk 72,372 crore-just 73% of the Tk 99,000 crore annual target set for borrowing from the banking sector, according to data released by Bangladesh Bank.
In comparison, net borrowing from banks stood at Tk 94,282 crore in FY2023-24, while in FY2022-23 it reached a record Tk 1,22,980 crore, driven by increased fiscal expenditure.
Analysts attributed the decline in domestic borrowing to a sharp rise in foreign loan inflows, particularly in the final month of the fiscal year. In June alone, Bangladesh received $3.5 billion in external financing, including $1.3 billion from the International Monetary Fund (IMF).
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