Bangladesh, Aug. 24 -- Government bank-borrowing debt deepens with the aggregate sum borrowed from the domestic banking sources far overshot the upwardly revised target to hit Tk 1.68 trillion in the past fiscal year.

Advertisement To meet budget shortfall, the government had initially set a bank-borrowing target at Tk 1.04 trillion for the fiscal year 2025-2026 but less-than-expected level of revenue mobilisation prompted it to raise the target to Tk 1.18 trillion in the middle of the fiscal.

But the growing fund appetite of the government because of poor revenue collection and higher operational expenses surpassed the target by a large margin by the end of the fiscal year, latest statistics show.

According to the monetary survey by ...