Dhaka, Aug. 5 -- Fourteen high-risk state-owned and autonomous entities in Bangladesh are facing a severe fiscal imbalance, with liabilities exceeding their liquid assets by more than 60 times, according to a recent government analysis.
These entities collectively owe Tk 1,72,016.94 crore, while holding only Tk 2,837.23 crore in cash or near-cash assets, the Finance Division revealed in a statement issued on Sunday. The stark gap has raised concerns about systemic financial risk and the potential need for future government bailouts.
"This imbalance poses serious fiscal risks and demands immediate attention," said Md Amirul Islam, a senior official from the Finance Division's Monitoring Cell, during the official presentation of the finding...