Economy

Latest austerity move: No vehicle purchase for govt institutions

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The government has ordered all government, semi-government and autonomous institutions to stop purchasing vehicles, including ships and aircraft.

The government has taken various austerity measures in the wake of the global economic situation following Covid-19 pandemic and Russia-Ukraine war.

Three separate circulars of the Ministry of Finance have been issued in this regard today (July 3, 2022).

According to the circulars, no more than 50 percent of the allocation for government, semi-government and autonomous institutions can be spent on entertainment, computers and related expenses.

Also, all training expenses have to be completed within 50 percent of the allocation and all honorarium allowances will be discontinued.

Also, the government will stop spending on low-priority projects for the time being.

Comments

Latest austerity move: No vehicle purchase for govt institutions

Gov logo

The government has ordered all government, semi-government and autonomous institutions to stop purchasing vehicles, including ships and aircraft.

The government has taken various austerity measures in the wake of the global economic situation following Covid-19 pandemic and Russia-Ukraine war.

Three separate circulars of the Ministry of Finance have been issued in this regard today (July 3, 2022).

According to the circulars, no more than 50 percent of the allocation for government, semi-government and autonomous institutions can be spent on entertainment, computers and related expenses.

Also, all training expenses have to be completed within 50 percent of the allocation and all honorarium allowances will be discontinued.

Also, the government will stop spending on low-priority projects for the time being.

Comments

বাংলাদেশে গুমের ঘটনায় ভারতের সম্পৃক্ততা খুঁজে পেয়েছে কমিশন

কমিশন জানিয়েছে, আইনশৃঙ্খলা রক্ষাকারী বাহিনীর মধ্যে এ বিষয়ে একটি জোরালো ইঙ্গিত রয়েছে যে, কিছু বন্দি এখনো ভারতের জেলে থাকতে পারে।

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