State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Macroeconomic Management
Private sector credit growth marginally improved
➤ Growth of credit to the private sector somewhat improved to 9.4% in
October 2021, which was 8.3% at the end of FY21
➤ The demand for private sector credit has perhaps improved thanks to
higher demand for import and export - however, it may be challenging
to attain the end-fiscal (June 2022) target of 14.8%
Disbursement of agricultural credit increased by 12.6% during Jul-Oct
FY21, while disbursement of non-farm rural credit increased by 50.7% -
however, in both cases, the recovery of disbursed credit was lower than
the preceding year
➤Indeed, in the second half of FY22, loan recovery, including those
disbursed under the stimulus packages, will be a critical challenge facing
the country's financial sector, and consequently for macroeconomic
management
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
13View entire presentation