Finance Minister | The Daily Star
  • Finance Minister AMA Muhith

    Muhith pledges steps on loan anomalies at Janata Bank

    Finance Minister AMA Muhith yesterday said necessary steps will be taken regarding the alleged loan irregularities at state-owned Janata Bank.

  • 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.

  • Of Obesity or Good Health?

    The Finance Minister has proposed a mega Tk.3.4 trillion budget for the upcoming fiscal year 2016-17. It is about 29 percent higher than the revised budget of the outgoing fiscal year.

  • 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.

  • Big dream, grim reality

    Finance Minister AMA Muhith has really dreamt of a big budget in every respect -- from expenditure to revenue generation. And he no longer wants to live in the 6 percent GDP class to push beyond 7 percent. But his big dream promises to put extra pressure on people across the board, as he plans through his VAT and other tax proposals to extract that extra penny from every pocket.

  • An ambitious budget

    The finance minister has presented the 45th annual budget of Tk3.4 trillion that is 29 per cent bigger than the last fiscal.

  • 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.

  • 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.

  • Govt considering traffic situation seriously

    Finance Minister AMA Muhith says that the government is mulling creating an ‘independent metropolitan communication authority’ to ease traffic congestion in different important cities including Dhaka Metropolitan City.

  • BB requires reform: Muhith

    Finance Minister AMA Muhith expresses his dissatisfaction on the overall condition of the Bangladesh Bank and says that reform in the bank is needed.

  • Fazle Kabir, Bangladesh Bank

    Fazle Kabir to be made new BB governor: Muhith

    The government decides to appoint former finance secretary and incumbent chairman of state-run Sonali Bank Fazle Kabir as new governor of Bangladesh Bank (BB), Finance Minister AMA Muhith says.

  • AMA Muhith

    Muhith cancels press conference

    Finance Minister AMA Muhith has cancelled his press conference minutes after the Bangladesh Bank governor resigned over the recent heist of $101 million out of the bank’s account with New York’s Federal Reserve Bank.

  • Muhith plans Tk 340,000 crore budget for next fiscal

    Finance Minister Abul Maal Abdul Muhith says the outlay of the budget for the coming 2016-2017 fiscal could be as high as Taka 340,000 crore as he joined a government-sponsored pre-budget conference of leading financial watchdogs here.

  • Terrorism thrives on smuggling: Muhith

    Finance Minister AMA Muhith says terrorism is thriving on smuggling as there is a strong connection between the two offences.

  • 2,944 kg gold seized in 3 yrs: Muhith

    Finance Minister AMA Muhith says parliament that 2944.208kg of gold were seized during the last three years.

  • Decision time on fuel prices

    The minister of finance has sought the opinion of the ministry of energy on how to revise prices of petroleum downwards.

  • Two top policymakers pledge to fix energy problems in two years

    The finance minister and the prime minister's energy adviser yesterday assured the business community of reliable

  • Arun Jaitely sues Kejriwal

    India's Finance Minister Arun Jaitley sues Delhi Chief Minister Arvind Kejriwal for defamation after a bitter row over corruption allegations.

  • IMF chief Lagarde 'faces French trial'

    IMF chief Christine Lagarde is to stand trial in France for alleged negligence over a €400m (£291m; $434m) payment to a businessman in 2008, local media say.

  • Graft undercuts economic growth

    The Finance Minister's estimate that widespread graft takes 2 to 3 percent off the economy has serious implications for the country's development.

  • REPORT CARD ON MR. MUHITH

    AL'S affable finance minister is a lucky man having done the national budget more number of times than any other finance minister.

  • Finance Minister's bold admission

    The Finance Minister's exasperation in parliament, over the government's inability to take punitive action against a top official of Sonali Bank for his involvement in the Hallmark loan scam as well as of those in the Basic Bank scam...

  • VAT on private universities

    Finance minister's proposed 10 percent value added tax (VAT) on around 160 private sector universities including medical and engineering colleges has not found favour with those who have been targeted.

  • Revenue collection target high but achievable: Muhith

    Finance Minister AMA Muhith says the revenue collection target of the proposed for fiscal 2015-2016 is high, but achievable.

  • Muhith unveils Tk 2.95 lakh crore budget

    Finance minister is unveiling the budget for 2015-16 fiscal – what is believed to be a jumbo size of around Tk 295,100 crore.

  • JS goes into budget session at 5:30pm

    The second budget session of the 10th Jatiya Sangsad begins this afternoon.

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