BNP lawmaker Reza Kibria has said that Bangladesh’s banking sector is in a state of collapse because of rampant loan defaults. Speaking in parliament on Thursday evening during the budget discussion, he cited his experience with the International Monetary Fund, noting that while other countries panic at a 6 percent default rate, Bangladesh’s rate stands at 61 percent. He warned that without strict measures, economic progress would be impossible and urged the finance minister to take action to improve banking efficiency.
Kibria criticized the inefficiency of the banking system, saying honest entrepreneurs face high interest rates of 14 to 16 percent while banks collect deposits at only 5 percent. He also said the definition of loan default has been relaxed, now requiring one year of nonpayment instead of 90 days. On inflation, he emphasized the need to keep it low, linking exchange rate depreciation to inflation differentials with trading partners.
He acknowledged that the finance minister prepared the budget under difficult global conditions and stressed maintaining macroeconomic balance to secure Bangladesh’s economic future, cautioning against excessive reliance on commercial foreign loans.
সংসদ রিপোর্টার প্রকাশ : ২৫ জুন ২০২৬, ২২: ৩৯আপডেট : ২৫ জুন ২০২৬, ২৩: ১০ আন্তর্জাতিক মুদ্রা তহবিলে (আইএমএফ) কাজ করার অভিজ্ঞতা তুলে ধরে হবিগঞ্জ-১ আসনের বিএনপির সংসদ সদস্য রেজা কিবরিয়া বলেছেন, আমি ৩৫টি দেশে কাজ করেছি। আমরা মোট ঋণের ৬ শতাংশ খেলাপি হলে ঘা
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