Bill seeking central bank's control of GB finanlised for JS nod

Bill seeking central bank’s control of GB finanlised for JS nod


The Parliamentary Standing Committee on the Ministry of Finance on Wednesday finalised the much-talked-about Grameen Bank Bill-2013 with a minor correction, according to committee sources.

The bill was finalised at a meeting of the committee held at Sangsad Bhaban with its chairman AHM Mustafa Kamal in the chair.

The bill will be placed before the House next week and is expected to be considered during the current session which will continue till November 7.

Committee members—Minister for Finance Abul Maal Abdul Muhith, Prof Md Ali Ashraf, Md Tajul Islam and Farida Rahman attended the meeting. Bangladesh Bank Governor Dr Atiar Rahman and secretary of Bank and Financial Institution Dr M Aslam were present on the occasion.

Briefing reporters, the committee chairman said except some language changes no major correction was incorporated in the bill.

He said the report on the bill will be submitted to Parliament next week with necessary recommendations.

“Except management of Bangladesh Bank, no other change will be brought through passage of the bill. The ownership GB will remain as usual. The change in the management has been brought to ensure accoucntibility,” he said.

Mostafa Kamal said that he tried to contact Nobel Laureate Prof Dr Muhammad Yunus for his opinion but could not reach him.

He also admitted that he also could not talk to the banks stakeholders due to time constraint.

The Finance Minister placed the bill in Parliament on Sunday. The Speaker sent the bill to the relevant committee for scrutiny and place it within seven days.

With passing the bill, the Grameen Bank Ordinance 1983 will be amended. – Staff Reporter


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