2024-06-24 22:34:35
Finance Minister Abul Hasan Mahmud Ali mentioned that the quantity of loans of state-owned establishments within the industrial banks of the nation is 51 thousand 391 crores and 89 lakhs. On Monday (June 24), he gave this data in response to a query by the federal government member of Parliament Morshed Alam throughout a query and reply session within the Nationwide Parliament.
Speaker Shireen Sharmin Chowdhury presided over the query and reply desk, and the finance minister additionally offered the institution-wise record in his query and reply.
Highlighting the info for the interval until March 31 this yr, he mentioned, the banks will get essentially the most cash from Bangladesh Agricultural Improvement Company (BADC), which quantities to Tk 15,550,320,000.
Amongst different establishments
>> 7,813 crores 68 lakhs to the sugar mills
>> 7,250 crores 71 lakhs to fertilizer, chemical and pharmaceutical industries
>> 5,018 crores to TCB
>> 4,441 crores 38 lakhs to Bangladesh Biman
Other than this, the College Grants Fee (UGC) and 16 public universities additionally owe private and non-private industrial banks.
Farida Yasmin, Member of Parliament for the seat reserved to the Finance Minister, requested to know the identify and quantity of the highest 30 defaulting people and establishments. In response, the minister mentioned that the method of getting ready the record of high defaulting people and establishments is underneath course of.
Finance Minister Mahmud Ali, in response to the query of Authorities Celebration Member of Parliament Nurunnabi Chowdhury, mentioned that to cease the mortgage rip-off of monetary establishments, numerous preventive measures have been taken together with identification of defaulting debtors and willful defaulting debtors following the prescribed course of and taking acceptable authorized measures in opposition to mentioned debtors.
The present legislation has included provisions associated to defaulting debtors and willful defaulting debtors and accordingly the Finance Minister has requested Bangladesh Financial institution to difficulty a round with obligatory directions.
He mentioned, other than this, with a purpose to guarantee correct utilization of loans, monetary establishments have been instructed to often supervise that the mortgage cash distributed isn’t utilized in different sectors as an alternative of the supposed sector and that the cash is used correctly.
In response to the query of Impartial Member of Parliament Sohrab Uddin, the Finance Minister mentioned that the variety of brokers registered underneath Cellular Monetary Service (SFS) until March is about 17 lakh 70 thousand. MFS subscribers are 22.4 million. Amongst them, girls are greater than 9 crore 33 lakh. Resulting from introduction of SFS and different strategies, it’s potential to ship remittance a lot simpler than earlier than.
In response to the query of Ali Azam, the member of parliament of the ruling occasion, the finance minister mentioned that based on the provisional calculations of the Bangladesh Bureau of Statistics, the per capita earnings of the folks of Bangladesh within the fiscal yr 2023-24 is 2 thousand 784 US {dollars}.
In one other query, he mentioned, from 2009 to 2023, 97 lakh employees, together with about 11 lakh girls employees, have been employed overseas in 176 nations. In 2009-10, the quantity of remittances was 10.99 billion {dollars}. It has doubled to 21.61 billion {dollars} in FY 2022-23.
In response to the query of Awami League Member of Parliament Noor Uddin Chowdhury Nayan, the Finance Minister mentioned that within the 5 months from January to Could of this yr, remittances had been 10 thousand 752 million {dollars}. Throughout this era, the very best remittances got here from the United Arab Emirates.
In response to the query of ABM Ruhul Amin Howladar of Patuakhali-1 Constituency, Mahmud Ali mentioned that as of Could, the quantity of gross reserves within the nation is 24.16 billion {dollars}. In accordance with BPM6 of IMF it’s 18.6 billion {dollars}.