Finance Minister
China committed to deeper ties in trade, project finance with Bangladesh: Ambassador Yao Wen
Chinese Ambassador to Bangladesh Yao Wen said he expects more cooperation in projects, trade and finance with Bangladesh.
Kamal doesn’t know what is wrong with the banking sector
Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.
Tk 1,26,369 crore loans defaulted as of March this year: Finance Minister
Finance Minister AHM Mustafa Kamal today told the parliament that as of March this year, the amount of defaulted loans in the country was Tk 126,369 crore.
Hopeless revenue target: No major tax hike planned
Wishy-washy -- is what best describes the government’s stance on scaling up its narrow revenue base, which is posing to become the Achilles’ heel to Bangladesh’s growth aspirations.
Tribute to Muhith: Epitome of optimism
Over the last 50 years of Bangladesh’s existence, we have seen many finance ministers. AMA Muhith was among those few who this nation will remember for making the job appear joyful and free from the pains of balancing difficult trade-offs amid resource constraints.
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.
Russian Loan / 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 cancels press confce after governor’s resignation
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 'to stand trial in France'
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.
