AMA Muhith

No 'money whitening' next fiscal: Muhith

Thu March 11, 2010 - 5:55pm BdST

Finance minister AMA Muhith has said there will be no scope to "whiten money", or legalise previously undisclosed income, in the next budget.

Dhaka, Delhi moving to remove 'all trade barriers'

Thu February 25, 2010 - 10:00pm BdST

Dhaka and Delhi are moving to remove all barriers to mutual trade, finance minister AMA Muhith said on Thursday. Muhith, addressing the opening ceremony of the three-day long India Trade Fair-2010 at the Dhaka Sheraton Hotel, said that mutual investment too, not only trade, must be a focus to boost regional cooperation in South Asia.

Labour Party MPs in Dhaka: Two new banks for NRB’s soon

Fri February 19, 2010 - 2:39am BdST

Finance Minister AMA Muhith yesterday said that the Government has decided to establish a bank owned and managed by the expatriate Bangladeshis living in different countries. "Advertisements will be published in the media very soon seeking proposals from the concerned people to establish the bank," the Minister said when a group of MPs from UK's Labour Party met him in Hotel Sonargaon.

Wealth statement by judges, ministers, MPs by June

Sun February 14, 2010 - 2:46pm BdST

Wealth statements by ministers, members of parliament and judges would be made public within next June, the finance minister, AMA Muhith, said on Sunday. Admitting that there had been delay in publishing the wealth reports of the powerful people, he claimed that the Awami League had not deviated from its pre-election pledges in this regard. ‘We can make public the wealth reports of the cabinet [members] any time but it takes time to do it for all MPs including the opposition members,’ the finance minister said at a briefing at NEC Bhaban.

Govt keen on 30pc investment

Sat February 13, 2010 - 12:00am BdST

The government is keen to increase the proportion of national investment from 23 percent of national income to about 30-35 percent. Finance minister AMA Muhith speaking as chief guest at a seminar on Private-Public Partnership in Agriculture on Friday, Muhith said the government was looking to increaes public investment through this new mechanism that he introduced in a big way when proposing the current budget in June last year.

Purchase committee approves contracts for fuel power

Wed February 10, 2010 - 11:03pm BdST

The cabinet purchase committee on Wednesday approved the contracts for five public sector dual fuel power projects of a total 350 megawatts with two Chinese companies and a local one. The approval was given at a meeting of the committee chaired by Finance Minister AMA Muhith at the Cabinet Division.

Dhaka-Delhi moving on joint communiqué: Muhith

Mon February 8, 2010 - 1:47am BdST

The government is already taking steps to implement some of the arrangements outlined the Dhaka-Delhi joint communiqué issued during prime minister Sheikh Hasina's recent India visit, finance minister AMA Muhith said Sunday.

Muhith vows to fight money laundering

Sat February 6, 2010 - 2:42am BdST

Finance minister AMA Muhith on Friday alleged that some banking systems patronised global terrorism. Muhith said that the government would invest more make the entire industry from responsible, transparent and accountable. The finance minister was speaking as chief guest at the launch of a conference on tackling money laundering at the Sylhet branch of Bangladesh Bank on Friday. "Bangladesh is the first country to formulate a law to prevent money laundering," Muhith said adding that Bangladesh Bank has been charged with the task. Chaired by deputy governor of Bangladesh Bank, Ziaul Hasan Siddiqui, the bank's governor, Atiur Rahman, delivered a speech as special guest.

Hasina tells Muhith to rein in galloping prices

Mon February 1, 2010 - 4:35pm BdST

Prime Minister Sheikh Hasina yesterday asked finance minister AMA Muhith to keep the prices of essentials within comfort zone of the people, as inflation is rising. She gave the instruction at a review meeting on fiscal management and economic situation at the Prime Minister's Office, Muhith told a press briefing at the finance ministry conference room after returning from the meeting.

Govt considers reducing land price: Muhith

Thu January 28, 2010 - 1:52am BdST

Finance minister AMA Muhith yesterday said the government is considering reducing land prices, as the recent price hike slowed down land-registration pace. "We are considering reducing the price of land," said the minister after an inter-ministerial meeting at the finance ministry.