Resolving inflation fully before an elected govt is difficult
Resolving inflation fully before an elected govt is difficult

Finance Adviser Salehuddin Ahmed has cited extortion as a major reason for the interim governments failure to curb high inflation. He said apart from previous extortionists, those who are trying to secure positions in politics, are also engaged in extortion. Extortionists at the local level are...

Govt yet to decide on dearness allowance: Finance Adviser
Govt yet to decide on dearness allowance: Finance Adviser

The government has not yet made any decision regarding the allocation of dearness allowance (DA) for its officials and employees, said Finance Adviser Dr Salehuddin Ahmed on Tuesday, reports UNB. We have not made any decision regarding the dearness allowance yet, he told journalists in response...

Paying extra VAT better than under-the-table transactions: Finance Adviser
Paying extra VAT better than under-the-table transactions: Finance Adviser

Finance Adviser Dr. Salehuddin Ahmed has said that paying extra VAT is better than making under-the-table transactions. He made the remarks on Monday during his keynote address at a seminar titled Reforms in Customs, Income Tax, and VAT Management to Address LDC Graduation held at the NEC...

Economic reforms must take priority: Dr Salehuddin
Economic reforms must take priority: Dr Salehuddin

Finance Adviser Dr Salehuddin Ahmed emphasised that economic reforms should be the primary focus in Bangladesh, ahead of political or other types of reforms. He made the remarks while speaking at a seminar organised by the National Board of Revenue (NBR) on International Customs Day in Dhaka on...

Defaulters should be kept alive rather destroyed
Defaulters should be kept alive rather destroyed

The government must toil in consultation with stakeholders. The Finance Adviser is visiting leading industries, engaging with them and attempting their recovery. However, this must be done within the framework of minimum rules and regulations. I have spoken to all major loan defaulters, and 50%...

'Country's overall food situation satisfactory'
'Country's overall food situation satisfactory'

Finance Adviser DrSalehuddin Ahmed said, the overall food situation is currently satisfactory, although whether this is reflected in the market is a separate matter. He also reassured that the countrys food stock is in a strong position. Salehuddin Ahmed made these remarks after the meeting of...

Donor organizations positive in financial assistance
Donor organizations positive in financial assistance

Finance adviser Dr Salehuddin Ahmed has called on the banks to stand by their customers in their happiness and sorrow, rather just collecting the installments. He made the call while addressing a conference with Karmasangsthan Bank officials at Bidyut Bhaban on Sunday. The adviser said that...

South Korean special envoy to visit Bangladesh Jan 22-23
South Korean special envoy to visit Bangladesh Jan 22-23

Special Envoy of the Minister of Foreign Affairs of the Republic of Korea Ambassador Lee Jeongkyu will pay a goodwill visit to Bangladesh on January 22-23 to explore ways to expand bilateral relations between the two countries. Lee Jeongkyu will have courtesy meetings with Finance Adviser Dr...

VAT hike to have no impact on essential goods prices: Finance Adviser
VAT hike to have no impact on essential goods prices: Finance Adviser

Finance Adviser Dr Salehuddin Ahmedassured that the recent decision to increase VAT on 43 items will not impact the prices of essential goods. He made this remark while speaking to the media following a meeting of the Advisory Council on Government Procurement at the Secretariat on Thursday (Jan...

Govt trying to keep prices of essentials tolerable till Ramadan: Dr. Salehuddin
Govt trying to keep prices of essentials tolerable till Ramadan: Dr. Salehuddin

Finance Adviser Dr. Salehuddin Ahmed has said that the government is working to keep the prices of essential commodities within tolerable level in the market until the Holy Ramadan, reports UNB. Were trying to ensure that the prices in the market remain tolerable. But its a tough job. The nature...

All commodities do not see simultaneous price drop: Finance Adviser
All commodities do not see simultaneous price drop: Finance Adviser

Finance Adviser Dr. Salehuddin Ahmedsaid fluctuations in international markets prevent a simultaneous decline in the prices of all commodities in the domestic market. He made the remarks following a meeting of the Public Procurement Advisory Committee at the Secretariat on Wednesday afternoon....

Economic and income inequality a major concern at present: Dr Wahiduddin
Economic and income inequality a major concern at present: Dr Wahiduddin

Planning and Finance Adviser Dr Wahiduddin Mahmud said, Bangladesh is set to witness a political shift next year. At the opening session of the Annual Baltic Conference on Defence (ABCD) in Dhaka on Saturday, organized by the Bangladesh Institute of Development Studies (BIDS), he alluded to...

There will be comfort in prices of essentials during Ramadan: Dr Salehuddin
There will be comfort in prices of essentials during Ramadan: Dr Salehuddin

Finance Adviser Dr Salehuddin Ahmed on Wednesday said that there would be comfort in the prices of essentials during the ensuing holy month of Ramadan, reports BSS. Dr Salehuddin was responding to the queries of reporters after chairing two separate meetings on the Advisers Council Committee on...

‘15-year corruption not possible to remove in 3-4 months’
‘15-year corruption not possible to remove in 3-4 months’

Finance Adviser Salehuddin Ahmed has categorically said that the countrys 15 years of corruption and irregularities cannot be eliminated in only three or four months. However, stability has started to return to the economy which was beginning to deteriorate, he said while addressing a programme...

Salehuddin calls for inclusive public financial management reform
Salehuddin calls for inclusive public financial management reform

Finance Adviser Dr Salehuddin Ahmed has emphasised the need for a triangular approach to Public Financial Management (PFM), integrating the efforts of the public, private, and citizen sectors to ensure efficient, transparent, and accountable financial services, reports The Business Standard. In...

Govt to procure 1.5m passport booklets, 1.5m lamination foils
Govt to procure 1.5m passport booklets, 1.5m lamination foils

The government on Wednesday approved a proposal for procuring some 1.5 million passport booklets and 1.5 million lamination foils. The approval came from the 14th meeting of the Advisers Council Committee on Government Purchase this year held today at the Cabinet Division Conference Room at...