Deficit financing of budget may slow down private sector investment: ICAB
Dhaka, June 13 -- The Institute of Chartered Accountants of Bangladesh (ICAB) on Saturday expressed concern that the large bank borrowing targeted to meet the budget deficit for FY2026-27 could limit loan availability for the private sector and hinder private investment.
"The deficit financing has been set at Tk 2.43 lakh crore, out of which Tk 1.12 lakh crore will be sourced from the banking system. This may restrict the availability of credit for the private sector and obstruct private investment," said the ICAB President NKA Min FCA.
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