The OPEC Fund will sign a framework agreement for 3 to 5 years for having a wider cooperation with Bangladesh. President of OPEC Fund Dr. Abdulhamid Alkhalifa said this in a meeting with Finance Minister Abul Hassan Mahmood Ali in Austria. A fruitful discussion was held between them. The Finance Minister thanked OPEC
Tag: Finance Minister
3 Summit power plants get 5 yrs extension
Three gas-fired power plants, each having 10 MW capacity, of Summit Group received the nod of the Cabinet Committee on Government Purchase (CCGP) for further extension of existing agreements for next 5 years. Finance Minister Abul Hassan Mahmood Ali presided over the CCGP meeting. Power Division moved the proposal to the CCGP
Next budget will be encouraging for private sector: Finance Minister
Finance Minister Abul Hassan Mahmood Ali today said that the upcoming national budget would be encouraging for the private sector and hoped that the economic growth momentum would continue towards achieving the growth targets. Ali said this while addressing the "DCCI Pre-budget discussion: private sector perspective" as the chief guest organized
Govt wants upward trend of economic indicators: Finance Minister
Finance Minister Abul Hassan Mahmood Ali today said that the government wants to see the economic indicators of the country going upward despite the various challenges alongside some discomforts owing to inflation. "Discomforts are there to some extent for inflation. But, we want to see the overall economic indicators going upward,"
Bangladesh gradually overcoming economic crisis: Finance Minister
Finance Minister Abul Hassan Mahmood Ali today said that Bangladesh is gradually overcoming the ongoing challenges and crisis surrounding the country's economy. "Although crisis is there, but we're gradually overcoming those, it won't work that the newly formed cabinet will fix all things the other day after assumption of office. But,
ICB appoints new finance minister
Investment Corporation of Bangladesh (ICB) has expressed warm greetings and congratulations to the newly appointed honourable Finance Minister Mr. Abul Hassan Mahmood Ali, MP, Government of the People's Republic of Bangladesh. On Monday last, Professor Dr. Suborna Barua, Chairman of Board of Directors of ICB and Md. Abul Hossain, Managing
ABB congratulates new Finance Minister
Finance Minister promises to tackle economic challenges
New Finance Minister Abul Hassan Mahmood Ali has pledged to tackle economic challenges surrounding the country's economy. "We all know about the challenges centering the country's economy. Now we'll have to work together to address the challenges," Ali said after taking office today at the Ministry of Finance at Bangladesh Secretariat
Use of cash to reduce by 75pc in 4 years: Kamal
Finance Minister AHM Mustafa Kamal Thursday said the rate of cash usage is expected to reduce by 75 percent in the next four years. "By introducing universal Bangla QR, steps have been taken to bring all merchants, including small and marginal traders, under digital payment to create 'Cashless Bangladesh'. As a
Tk 88,162cr proposed for education
Finance Minister AHM Mustafa Kamal Thursday proposed an allocation of Taka 88,162 crore for education sector in the national budget for 2023-24 fiscal year (FY), which was Taka 81,449 crore in the revised budget of FY 2022-23. Primary and mass education got Taka 34,722 crore, Taka 2931 crore more compared to