Dhaka, Aug. 7 -- The alarming fiscal imbalance revealed in the government's latest analysis of 14 high-risk state-owned and autonomous entities is a stark reminder of the urgent need for public sector financial reform in Bangladesh.
The New Nation on Tuesday reported that with liabilities exceeding liquid assets by over 60 times - amounting to a staggering Tk 1,72,016.94 crore in debt against a mere Tk 2,837.23 crore in cash holdings - these organisations are teetering on the brink of insolvency. The potential knock-on effects for the national economy are deeply concerning.
The findings, presented by the Finance Division during the launch of the SABRE+ digital platform, lay bare a systemic vulnerability that can no longer be ignored.
The...