Finance Minister AMA Muhith told the Parliament yesterday that the total investment in the country’s public and private sectors went up gradually in the last four years.
“It is not true that investment has declined and liquidity crisis has increased in the banking sector, rather the investment is increasing gradually,” he said.
“As of June 2015, the investment in both public and private sectors rose to Tk438,440 crore (29% of GDP) from Tk251,130 crore (27.4% of GDP).”
About liquidity, Muhith said the amount of excess liquidity of the banking sector stood at Tk116,942 crore in August 2015 from Tk34,071 crore in June 2011. In reply to a question, finance minister said the amount of assets deposited by the people in the banks increased eight times in the past 15 years.
The deposited amount increased to Tk746,300.2 crore in FY2014-2015 from Tk81,604.4 crore in FY2000-01, he said.
However, the amount of per capita loan taken by the government increased to Tk26,152.77 in FY2014-15 from Tk9,114.27 in FY2000-01, Muhith said.
In response to another question, he said as of June 2015 since the independence, Bangladesh received pledges of $91.47bn assistance from various donor countries and agencies.
Of the amount, the debts were $61.83bn while the grants amounted to $29.64bn.
However, an amount of $39.50bn debts and $25.29bn grants were disbursed during the time, he said.
“In the last fiscal year (2014-15), Bangladesh paid Tk1,419.29 crore as interest against the foreign loans.”