BB proposes full ministerial rank for Governor

The central bank recently drafted the ‘Bangladesh Bank (Amendment) Ordinance (Amendment) 2025’ following recommendations from financial experts and has forwarded it to the Finance Division for review.

If approved, the move would substantially boost the Governor’s official seniority and influence within the country’s governance structure.

Currently, the Bangladesh Bank Governor holds the 15th position on the national Warrant of Precedence, 1986, placing the post below the Cabinet Secretary and Principal Secretary but above other government secretaries.

The rank is currently shared with officials such as the Attorney General.

Granting ministerial status would signal greater independence and authority for the nation’s top financial regulator.

The proposed status comes with an array of state-provided facilities and financial benefits, governed by existing laws for ministers.

If enacted, the Governor would receive:

A tax-exempt monthly salary of Tk 1,05,000, plus a daily allowance of Tk2,000 and a monthly regulatory allowance of Tk 10,000, access to a discretionary fund of Tk10 lakh, a fully-maintained, government-provided residence with all gas, electricity, water, and telephone bills covered by the state.

Should the Governor opt out of a government residence, they receive Tk80,000 monthly rent allowance, along with coverage for all service sector bills.

Multiple government-funded vehicles including a full-time car and an additional jeep for official travel outside Dhaka with all maintenance costs borne by the government, reports UNB.