AMA Muhith

Finance minister AMA Muhith on Wednesday said the Bangladesh Bank misrepresented the fact about autonomous status to the International Monetary He told this to reporters after a meeting with a visiting IMF mission at his secretariat He said he had no idea why the BB officials lied to the IMF.

‘I have to talk to the BB officials’ he The finance minister said the BB had already been enjoying enough autonomy except the powers to dismiss board of directors of the state owned commercial He noted that there was no pressure on the BB to exercise its existing power in monitoring and taking action against commercial banks and other financial Muhith observed that the central bank wanted to enjoy more power than that of the Officials said the IMF raised question about the BB’s monitoring role over the state-owned banks because of a series of scandals and burglary cases during the meeting with the finance minister.