due to insufficient revenue growth

and insufficient borrowing from savings certificates and foreign sources. As of May 21, the government's net debt stood at around Tk 60,000 crore, which was much lower at the beginning of the year.

Bank dependence is increasingAccording to analysts, the government is being forced to borrow more from the banking sector due to low revenue collection, reduced receipts from savings certificates, and reduced foreign debt relief.

Until last January, the amount of this

debt was only Tk 13,571 crore. Meanwhile, the government's debt target for the next fiscal year is planned to be reduced by 25 percent to Tk 1,04,000 crore compared to the original budget estimate. While the debt target in the current fiscal year's budget was Tk 1,37,500 crore, it was reduced to Tk 99,000 crore in the revised budget. Bangladesh Bank Governor Dr. Ahsan H. Mansur recently said, 'In the current situation, the government's debt will be kept within Tk 90,000 crore for the current fiscal year to keep it limited.'

According to Bangladesh Bank data,

from the beginning of the current fiscal year to May 21, the government has borrowed Tk 116,210 crore from commercial banks. During this period, Tk 56,584 crore of old debts have been repaid, bringing the government's net debt to Tk 59,917 crore. In total, the government's debt in the banking system has reached Tk 534,307 crore, which was Tk 474,490 crore at the end of last June.