The housing sector in Bangladesh faces one of the biggest debacles in the country’s history in the wake of the doubling of tax rate on urban property registration.
Bangladesh proposed budget for FY 2023-24: This year, however, FY 2022-23's deficit financing has taken an alarming turn. End-April data suggest that more than 90 percent of the domestic bank borrowing has been from the central bank; that is, by printing money, increasing high-powered money, and creating significant inflationary pressures that will spill well into next year.