Ministry of Finance

ministry · verified (verified 2026-05-17)

Profile

Head: Amir Khasru Mahmud Chowdhury
Role: Minister
Annual budget: ৳790,000,000,000
Staff: —
Established: 1971
Legal basis: Constitution of Bangladesh, Article 55; Rules of Business 1996

Executing a contractionary FY2025-26 budget (Tk 7,90,000 crore, deficit 3.6% of GDP) while negotiating IMF programme reinstatement, seeking a 3-year LDC graduation extension, and rolling out the NBR bifurcation into Revenue Policy and Revenue Management Divisions.

Recent activity

2026-02-17 appointment Amir Khasru Mahmud Chowdhury appointed Finance and Planning Minister in the BNP-led government under PM Tarique Rahman. ↗↗
2026-02-18 international Government formally requested a three-year extension of Bangladesh's LDC graduation deadline (currently 24 November 2026) from the UN Committee for Development Policy under the crisis-response provision. ↗↗
2026-03-01 reform NBR dissolution ordinance entered post-interim implementation phase; Revenue Policy Division (RPD) and Revenue Management Division (RMD) formally gazetted but full staffing transfer remained stalled due to inter-bureaucratic disputes over cadre allocation. ↗↗
2026-04-01 statement Finance Minister announced government strategy to shift from debt-led to investment-led growth model, with inclusive budgeting as the central framework for the FY2026-27 budget preparation. ↗↗
2026-04-18 international Bangladesh continued negotiations with IMF on key structural reform conditions tied to the $5.5 billion loan programme; IMF had paused disbursement over shortfalls in revenue reform, banking reform, and exchange-rate flexibility. ↗↗
2026-04-20 international Finance Minister confirmed at IMF-World Bank Spring Meetings that Bangladesh expects up to $2 billion in combined emergency assistance from IMF and World Bank by June 2026, including $400 million in WB budget support and $1.2 billion in additional WB loan tranches. ↗
2026-05-01 reform NBR (now Revenue Management Division) announced phasing out of the tax-holiday culture and began designing FY2026-27 revenue target of Tk 6,04,000 crore, up 20 percent from FY2025-26, including proposed wealth and inheritance taxes. ↗↗
2026-05-10 international Government mulling amendment to Section 18(Ka) of the Bank Resolution Act 2026 to meet World Bank conditions on a $500 million budget-support loan linked to $1.7 billion WB reform package. ↗
2026-05-12 statement Finance Minister told parliament that legal steps are underway to recover assets laundered abroad during the previous government, and that there will be no political interference in the financial or banking sector. ↗↗

Provenance & notes

Budget figure corrected from seed: Tk 7,97,000 crore was FY2024-25 (previous administration); FY2025-26 budget is Tk 7,90,000 crore, the first nominal budget reduction in Bangladesh's history. The annual_budget_bdt field records the budget the current MoF is executing (FY2025-26 = Tk 7,90,000 crore = 790,000 x 10^7 BDT; stored as 790000000000 = 7.9 lakh crore in BDT, i.e. 7,90,000 crore). MoF has two operative divisions as of 2026: Finance Division (mof.portal.gov.bd) and Financial Institutions Division (fid.gov.bd); the former NBR is now reorganised into RPD and RMD under MoF. Verification based on 2+ primary sources for all key claims.

Ministry of Finance

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