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Ministry Of Finance (Bangladesh)
The Ministry of Finance () is a Bangladesh government ministry that oversees the country's fiscal policies and financial institutions. It is currently led by adviser Salehuddin Ahmed. The poor performance of the financial sector is commonly attributed to the ministry's leadership, including ministers and secretaries across its multiple divisions. Critics have raised concerns about executive overreach by secretaries in the banking and revenue sectors, alleging their involvement in financial mismanagement. These issues reportedly include large-scale bank loan fraud, money laundering schemes, and the politicization of financial institutions. Such systemic problems have allegedly contributed to substantial capital flight, with reports estimating that up to $240 billion has been illicitly transferred abroad over the past 15 years. Divisions * Finance Division ** Office of the Controller General of Accounts ** Investment Corporation of Bangladesh ** The Security Printing Corporatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Government Seal Of Bangladesh
The Government Seal of Bangladesh () is the Seal (emblem), official seal of the People's Republic of Bangladesh. It is used by the Government of Bangladesh in official documents including passports. Design of the seal The seal features the same design elements as the first flag of Bangladesh in a circular setting. The outer white ring is shown with the caption of the official name of the Government of the People's Republic of Bangladesh () with four red 5-pointed stars, symbolising Bengali nationalism, nationalism, Socialism in Bangladesh, socialism, Democracy in Bangladesh, democracy, Secularism in Bangladesh, secularism, the four key principles of the Republic enshrined in the Constitution of Bangladesh, Constitution. In the center is the country map on a red disc. History of the seal The seal was adopted as the temporary National Emblem of Bangladesh by the Provisional Government of the People's Republic of Bangladesh popularly known as the ''Mujibnagar Government'', whic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Executive Aggrandizement
Democratic backsliding or autocratization is a process of regime change toward autocracy in which the exercise of political power becomes more arbitrary and repressive. The process typically restricts the space for public contest and political participation in the process of government selection. Democratic decline involves the weakening of democratic institutions, such as the peaceful transition of power or free and fair elections, or the violation of individual rights that underpin democracies, especially freedom of expression. Democratic backsliding is the opposite of democratization. Proposed causes of democratic backsliding include economic inequality, rampant culture wars, culturally conservative reactions to societal changes, populist or personalist politics, and external influence from great power politics. During crises, backsliding can occur when leaders impose autocratic rules during states of emergency that are either disproportionate to the severity of the cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
National Savings Directorate
Department of National Savings is a government department that acts as the National Saving Bank of Bangladesh and is responsible for issuing saving certificates. It is located in Dhaka, Bangladesh. History Department of National Savings traces its origins to the National Savings Institute which was founded in 1944 under the Ministry of Finance (India). It was headquartered in Simla, British India. After the Partition of India the National Savings Institute was managed by the Ministry of Finance (Pakistan). After the Independence of Bangladesh in 1971, the government of Bangladesh created the Directorate of National Savings which absorbed the functions of the National Savings Institute. In 2014 the Directorate of National Savings was upgraded to a full department. The Department of National Savings is attached to the Internal Resources Division under the Bangladesh Ministry of Finance A ministry of finance is a ministry or other government agency in charge of government fina ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Chittagong Custom House
Chittagong Custom House () is a Bangladesh government regulatory agency under the Ministry of Finance responsible for collecting tariffs and costume duty in Chittagong City and Chittagong Port. M. Fakhrul Alam is the head of the Chittagong Custom House. History Chittagong Custom House was established by the Portuguese following the signing of a treaty with Mahmud Shah of Bengal in 1440. Records from 1776 to 1780, mention collection of tariffs from Chittagong Custom House to be minor. In 1801, rules were passed to govern Chittagong Custom House. In 1853, it was one of two custom house managed by the British Raj in the region. Chittagong Custom House was managed by a deputy collector during British Colonial rule while the collector was station in Kolkata. It received its first collector in 1948 following the partition of India The partition of India in 1947 was the division of British India into two independent dominion states, the Dominion of India, Union of India and Domin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Dhaka Custom House
Dhaka Custom House () is a Bangladesh government regulatory agency under the Ministry of Finance responsible for enforcing tariffs and customs on shipments in Dhaka. It is the largest airport customs house in Bangladesh. Md. Mosharraf Hossain Bhuiyan is in charge of Dhaka Custom House. History The East India Company in 1810 reorganized Bengal's age old system of internal duties levied on the passage of goods. The numerous customs houses in Bengal were consolidated into six: Calcutta, Murshidabad, Hughli, Dhaka, Chittagong, and Balassore. Dhaka Custom House systems were automated with the support of Dhaka Chamber of Commerce and Industry as part of public–private partnership. The custom house routinely recovers large quantity of gold being smuggled through Dhaka airport. See also * Benapole Custom House * Chittagong Custom House Chittagong Custom House () is a Bangladesh government regulatory agency under the Ministry of Finance responsible for collecting tariffs and costume ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bangladesh Customs
Bangladesh Customs is the principal customs agency of Bangladesh. The agency operating under the National Board of Revenue (NBR) is the lead tax collection agency in Bangladesh. NBR is part of the Internal Resources Division (IRD) under the country's Ministry of Finance. The agency formulates policies concerning the levy and collection of customs duties and related taxes. History Bangladesh Customs was formed under the National Board of Revenue in 1972 after the Independence of Bangladesh through the Customs Act. In 2016 Bangladesh Customs joined Operation IRENE to stop illegal trafficking of small arms and drugs. Intelligence branch Bangladesh Customs has an intelligence division, responsible for preventing smuggling and tariff evasions. In 2016 it started operations to recover cars bought and sold in Bangladesh evading taxes, the cars were bought in by Foreign officials working in International agencies such as the World Bank and various agencies of the United Nations Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Economic Relations Division (Bangladesh)
The Economic Relations Division (ERD) is one of the four divisions of the Ministry of Finance, of the Government of the People's Republic of Bangladesh. The other three divisions of the Ministry of Finance are: Finance Division, Bank and Financial Institutions Division, and Internal Resources Division. Abul Hassan Mahmood Ali is the minister and Md. Shahriar Kader Siddiky is thsecretaryof the Economic Relations Division.List of Former Secretaries Structure * Wing-1: Japan and America * Wing-2: World Bank * Wing-3: Administration and Middle East * Wing-4: United Nations * Wing-5: Asian Development Bank * Wing-6: Coordination and Nordic * Wing-7: Europe * Wing-8: Asia, JEC and F&F * Wing-9: Foreign Aid Budget and Accounts (FABA) * Wing-10: Development Effectiveness See also Bangladesh Development Forum References {{Authority control Ministry of Finance (Bangladesh) Foreign trade of Bangladesh 1976 establishments in Bangladesh Government divisions of Bangladesh [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
National Savings Certificate (Bangladesh)
National Savings Certificate in Bangladesh encompasses different types of savings schemes operated by National Savings Department, Bangladesh. It is supervised by Internal Resources Division of Ministry of Finance of Government of Bangladesh. Every year the profit margins of these schemes are declared after cutting the 5% source tax. These certificates are sold and encased in the post offices in Bangladesh. Schemes under National Saving Certificates Key schemed under National Saving Certificates are as follows, # Family Saving Certificates - This is a 5-year saving scheme also known as Paribar Sanchaypatra. Designed specifically for the women, any adult woman (age more than 18 years) can invest in Paribar Sachaypatra with minimum purchase of Tk 10000/- with maximum limit of Tk 45,00,000/-. This five year scheme typically provides a return of around 12.2% if enchashed after maturity. # Pensioner Saving Certificates- This scheme is also known as Pensioner Sanchaypatra. All the retire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Pay And Services Commission
Bangladesh Public Service Commission () is a quasi-judicial constitutional body established in 1972. The commission is responsible for the recruitment of civil service servants in the Bangladesh government. It was formed under Section 137 of Part IX, Chapter II of the Constitution of Bangladesh The Constitution of Bangladesh is the supreme law of Bangladesh. The constitution was adopted by the Constituent Assembly of Bangladesh on 4 November 1972, it came into effect on 16 December 1972. The constituent assembly was composed of officia .... History The commission started as a public service commission in 1926 during British India. It was later known as the East Pakistan Public Service Commission after the partition of India. After the Independence of Bangladesh it was established as the Bangladesh Public Service Commission in 1972. For a while it used the Chummery House as its headquarters. It is responsible for holding Bangladesh Civil Service (BCS) Examinations and publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bangladesh House Building Finance Corporation
Bangladesh House Building Finance Corporation (BHBFC) is a specialized public financial institution that finances the construction and renovation of houses and purchasing residential apartments in all over Bangladesh and its headquarters is located in 22 Purana Paltan, Dhaka. History The institution was set up in 1973 under presidential orders. It gives loans for only individual home construction and has faced criticism for giving loans mostly to government employees. It is headquartered in a 10-storey building in Paltan, Dhaka. In 2013 Hefazat-e-Islam Bangladesh Hefazat-e-Islam Bangladesh () is a Deobandi Islamist advocacy group consisting mostly of religious teachers (''Ulama'') and students in Bangladesh. The group is mainly based on qawmi madrasas in Bangladesh. In 2013, they submitted a 13-point ch ... tried to burn down the institution’s headquarters and vandalized 12 cars. Managing director MD. ABDUL MANNAN is the current managing director of Bangladesh House Bui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Comptroller And Auditor General Of Bangladesh
The Office of the Comptroller and Auditor General of Bangladesh (CAG) () is the supreme audit institution of the country. Like the SAIs in many other countries across the world, the institution is established by the Constitution of Bangladesh. This institute is responsible for maintaining accounts of the republic and auditing all receipts and expenditure of the Government of Bangladesh, including those of bodies and authorities substantially financed by the government. The reports of the CAG are discussed by the Public Accounts Committee, which is a standing committee in the Parliament of Bangladesh. In more recent times, in addition to carrying out the traditional approach of conducting financial audits and compliance audits, the Office of the Comptroller and Auditor General of Bangladesh (OCAG) has introduced performance audits, which focus on evaluating economy, efficiency and effectiveness in the management of public resources of different government entities. Constitutio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Financial Management Reform Program
Financial Management Reform Programme () is a Programme under the Finance Division of Ministry of Finance of Government of Bangladesh Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world and among the List of countries and dependencies by .... History Financial Management Reform Programme was established by the Government of Bangladesh with the support of Department for International Development. It started function from 1 March 2003. References Ministry of Finance (Bangladesh) 2003 establishments in Bangladesh Organisations based in Dhaka Government agencies of Bangladesh Government agencies established in 2003 Government finances in Bangladesh {{Bangladesh-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
