Bangladesh: Borrowing from banking system set to be negative, thanks to slow ADP spending
Published 09 Jan,2021 via The Financial Express - The government's net borrowing from the country's banking system is expected to be negative in January, as a move is underway to repay Tk 40 million from the surplus, officials say.
The ministry of finance has set the net negative bank borrowing target at Tk 40 million for January, according to the auction calendar, issued by the Bangladesh Bank (BB) recently.
According to the calendar, the government may take up to Tk 104 billion as gross borrowing from the banking system this month by issuing treasury bills (T-bills) and bonds.
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The Financial Express