Borrowing from banks doubles

The government borrowed a staggering amount from banks last fiscal year mainly due to the ongoing economic crisis brought on by the coronavirus pandemic, a development that is poised for a macroeconomic imbalance in the country. The government's borrowing increased 109 percent year-on-year to Tk 72,246 crore in FY 2019-20, which is all-time high given a single year. Revenue