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Employment abroad not only reduces the country's unemployment, but also the remittances sent by expatriates working abroad keep the wheels of the country's economy moving. On 20 December 2001, the Government of Bangladesh established a separate Ministry of Expatriate Welfare and Foreign Employment, giving increased importance to the field of ...
Bureau of Manpower Employment and Training was established in 1976 under the Ministry of Manpower Development and Social Welfare as a department. [3] They provide Bangladeshi workers with Smart cards, Biometric registration, and immigration clearance. [4] [5] The Bureau explores the opportunities for Bangladeshi labor force outside the country. [6]
In 2021, Bangladesh Air Force requested the Bangladesh Government to earmark around 25,200-crores taka (2.5 billion euro) for 16 Western-origin multirole fighter jets. [87] In order to sign the agreement and for the first installment council, the Bangladesh Air Force requested the allocation of 6,300-crores taka for the 2021-22 financial year. [87]
Offshore Banking Operation (OBO) was first introduced by Bangladesh Bank in 1985 through a circular for allowing active foreign financing at Export Processing Zones (EPZs). Banks operated the services with Bangladesh Bank approval without any separate law for an offshore banking system until the enactment of the Offshore Banking Act, 2024.
The ministry is responsible for state finance, including the state budget, taxation and economic policy in Bangladesh. It is led by the Finance Minister of Bangladesh . The department must report to the Parliament of Bangladesh .
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
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