AMA Muhith | The Daily Star

  • Banks to lower interest rates

    Both public and private banks have decided to lower lending rates to single digits from July 1 -- a move that comes weeks after the government showered them with a raft of privileges, drawing criticism from different quarters.

  • Bangladesh National Election likely on December 27 Muhith

    Muhith mum about scams in banking sector

    Despite criticism from the opposition and government lawmakers over widespread irregularities in the banking sector, Finance Minister AMA Muhith yesterday in parliament kept mum about the issue.

  • Bangladesh Parliament last session ended

    Why silent on troubled banks?

    In a rare show of anger and frustration, some ruling party and opposition lawmakers blasted the finance minister in parliament yesterday for his complete silence on the widespread irregularities in the banking sector during his budget speech.

  • Finance Minister AMA Muhith

    State banks, ICB to buy 60% shares of Farmers Bank: Muhith

    Finance Minister AMA Muhith says that state owned banks and Investment Corporation of Bangladesh (ICB) will buy 60 percent shares of trouble-hit The Farmers Bank Limited.

  • Renata Lok-Dessallien

    Top UN official in Myanmar recalled

    The UN has announced that its top official in Myanmar is being recalled to headquarters in New York amid allegations that she

  • Finance Minister AMA Muhith

    Muhith for separate zone for Rohingyas

    Finance Minister AMA Muhith has proposed creating a separate zone inside Myanmar to rehabilitate Rohingya Muslims under the

  • Abul Maal Abdul Muhith National Budget FY 2018-19 Prees Conference

    Election likely next year: Muhith

    Finance Minister AMA Muhith says that the next parliamentary election is likely to be held in December next year.

  • Abul Maal Abdul Muhith National Budget FY 2018-19 Prees Conference

    I feel ashamed

    Finance Minister AMA Muhith is “ashamed” of the fact that bad debts in state-owned banks stand at 27 percent, nearly triple the national average.

  • Muhith cops the flak

    Two former law ministers of the previous Awami League and BNP governments yesterday criticised Finance Minister AMA Muhith's for his comment that parliament would pass the 16th constitutional amendment time and again.

  • Man with no numerical understanding holds top financial job for years

    A mysterious Sylheti man unable to do basic math has somehow held the country's top financial position for years, according to a research report published on Thursday.

  • Ministers stand by Muhith

    Ministers and senior MPs from the ruling alliance yesterday in parliament spoke in defence of Finance Minister AMA Muhith and

  • Bangladesh Jatiya Sangsad session

    Muhith should quit over 'tax burden'

    MPs from the Opposition in Parliament yesterday demanded resignation of Finance Minister AMA Muhith for placing “anti-people

  • Finance Minister AMA Muhith

    Muhith comes under fire at JS

    In a rare instance, several senior Awami League lawmakers came down heavily on Finance Minister AMA Muhith in

  • Finance Minister AMA Muhith

    15% uniform VAT won’t affect prices of essentials: Muhith

    Reiterating his determination to keep 15 percent unified value-added tax (VAT) in the next fiscal, Finance Minister AMA Muhith claims that the uniform VAT will not affect the price of essentials.

  • Bangladesh National Election likely on December 27 Muhith

    Muhith lauds Yunus, Abed for poverty alleviation

    Finance Minister AMA Muhith applauds Nobel Laureate Prof Muhammad Yunus and Brac founder Fazle Hasan Abed for their pioneering efforts to eradicate the country’s poverty.

  • Debt burden won't rise much

    Bangladesh's debt burden would not increase much even if the government borrowed $12 billion from Russia to build the Rooppur nuclear power plant, Finance Minister AMA Muhith said yesterday.

  • Some massive thefts in banking: Muhith

    The banking sector was tainted by a series of scams, including some massive thefts, according to Finance Minister AMA Muhith.

  • Massive theft in banking sector: Muhith

    Finance Minister AMA Muhith admits in Parliament that there are some irregularities in the banking sector and it is massive at times.

  • Muhith won’t contest in next general polls

    Finance Minister AMA Muhith who recently placed his tenth budget for Bangladesh announces he will not participate in the next Jatiya Sangshad elections.

  • Muhith hints at further cut in fuel prices

    The government is considering a further fuel price cut to pass on to consumers the benefit of low fuel prices on the international market, said Finance Minister AMA Muhith yesterday.

  • Ambitious targets set deliberately

    Finance Minister AMA Muhith yesterday said he deliberately set an ambitious revenue generation target in the upcoming budget, hoping for more tax collection by the National Board of Revenue. “I have said in the budget speech that it is deliberately ambitious,” he told reporters at a post-budget briefing in the capital's Osmani Memorial Auditorium.

  • Mobile bills to go up

    The cost of using a mobile phone would go up by more than two percent as the proposed budget looks to hike the supplementary duty on SIM usage.

  • Revenue target very ambitious

    While economists have praised the proposed budget's emphasis on mega projects, skill development and job creation, they have termed the revenue generation target very ambitious.

  • real-estate

    Proposal to reduce withholding tax rates for real estate sector

    With a plan to relieve big cities including Dhaka of the pressure of excessive population, Finance Minister AMA Muhith proposes to reduce withholding tax rates for real estate sector in the 2016-17 fiscal year budget.

  • cybercrimes

    Muhith proposes regulatory framework to fight cybercrimes

    Finance Minister AMA Muhith propose to place a monitoring and regulatory system to fight cybercrimes.

  • No change in tax-exempted income threshold for individuals

    The government has decided not to bring any change to seven tax rates, which include tax-exempted income-threshold for individual tax payers.

  • Budget to get 30pc bigger

    The size of the upcoming budget may go up by 30 percent from the current fiscal year's revised outlay as the government seeks to fast-track the giant projects and complete one or two in its current tenure. The planned Tk 340,600 crore budget for fiscal 2016-17 would be 17.4 percent of the gross domestic product. In terms of share in the GDP, the planned budget is almost the same as the budget of fiscal 2015-16.

  • JS budget session from June 1

    The 10th Parliament goes into its third budget session on June 1, says a Parliament Secretariat press release.

  • BB heist: Govt determined to take steps against all, says Muhith

    Finance Minister AMA Muhith says that the government is determined to bring all those involved in stealing money from the central bank’s account with Federal Reserve Bank of New York – be it foreigners and local.

  • Muhith defends uniform VAT

    Consumers might be slapped with a uniform 15 percent value added tax from next fiscal year as Finance Minister AMA Muhith

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