State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
The need for redesign
☐ Since big companies have received the majority of COVID-19-related
liquidity support, it is apprehended that crony capitalists may utilise
their significant political clout to exploit banks to collect more
than their fair share of funding.
☐ Considering that the central bank has not specified any clear, objective, or
quantitative criteria for defining the word "affected," commercial banks
must use their own judgment to determine whether prospective loan
applicants have been "affected" by COVID-19.
☐ It's unclear how commercial banks determined which firms were
"affected" by COVID-19 and on what basis they issued loans from the
government's COVID-19 liquidity assistance programmes.
□ As a result, there are reasons to be concerned about the banking sector's
condition during the current pandemic.
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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