Confidence crisis behind low investment, not interest rates
For the past few years, business leaders have been voicing concern over high borrowing interest rates. To reduce borrowing costs, they had also been demanding a cut in the policy interest rate. In response to those demands, Bangladesh Bank reduced the policy rate by 50 basis points (0.5 percentage points) in August, bringing it down to 9.50%. However, despite the decline in borrowing costs,...…
We haven't written up this one. Dhaka Tribune Business has the full story — the link below goes straight to it.
