Dhaka, April 24 -- Budget-support funding from foreign financiers seems drying up as only US$750 million has so far been confirmed although the financial year nears end with the economy facing unanticipated shocks amid global crises.

The country faces severe fund shortages caused due to heightened subsidy pressure amid the ongoing Mideast mayhem.

Finance Ministry officials say at least two major development partners have deferred talks on providing budget-support credit under regular arrangement and so they are now pursuing the financiers for lending the money in emergency balance-of-payments support.

According to them, the only development partner having confirmed budget support worth $750 million on completion of negotiations is the ...