higher commodity prices

Bangladesh economy

Economy paying the price of cheap funds

The current lending rate, which equals the inflation rate, has brought about major challenges for the economy as a negative interest rate has prompted many large clients to borrow hugely despite subdued demand, giving them the leeway to divert funds to the unproductive sector. 

November 9, 2022
November 9, 2022
Bangladesh economy

Economy paying the price of cheap funds

The current lending rate, which equals the inflation rate, has brought about major challenges for the economy as a negative interest rate has prompted many large clients to borrow hugely despite subdued demand, giving them the leeway to divert funds to the unproductive sector.