In a recent press briefing on Tuesday, Finance Adviser Salehuddin Ahmed reassured the public that no banks in Bangladesh will be shut down, despite some facing difficulties.
Speaking at the Ministry of Finance, he said that while some banks are doing well and recovering, others may continue to struggle.
“Some banks are recovering. Islami Bank, the largest bank, is improving. However, some banks will continue to struggle. But we will not shut down any bank,” Salehuddin Ahmed confirmed.
The Finance Adviser also stressed the government’s commitment to stabilizing the banking sector, noting that despite these challenges, the authorities are focused on ensuring no bank is forced to close its doors.
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In addition to discussing the banking sector, Salehuddin Ahmed addressed the issue of fiscal management.
He assured that efforts are being made to reduce government spending, but “salaries and allowances for government officials will not be impacted,” so citizens need not worry about these aspects being affected.
When asked about the Annual Development Programme (ADP), he explained that the government is reviewing certain projects, especially those considered unnecessary or influenced by politics, for possible changes.
The press briefing, held at the Secretariat, was also attended by Finance Secretary Dr. Md Khairuzzaman Majumdar, Nazma Mobarak, Secretary of the Financial Institutions Division, Md Shahriar Kader Siddiqui, Secretary of the Economic Relations Division (ERD), and Md Abdur Rahman Khan, Chairman of the National Board of Revenue (NBR).
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