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Bangladesh cuts expenditure, reduces office hours, orders markets shut after 6pm

Cabinet Secretary Nasimul Ghani briefed the journalists at the media centre of the Jatiya Sangsad Bhaban (Photo : BSS)

Cabinet Secretary Nasimul Ghani briefed the journalists at the media centre of the Jatiya Sangsad Bhaban (Photo : BSS)

DHAKA: The Bangladesh government has introduced a series of measures aimed at addressing the impact of global disruptions and ensuring stability in fuel oil supply, following a high-level cabinet meeting held at night at the Cabinet Room in the Parliament Secretariat. 


Under the new directives, all government and private offices will operate from 9:00 am to 4:00 pm. Banking hours for public transactions will run from 9:00 am to 3:00 pm, while banks will officially close at 4:00 pm, Bangladeshi state media Bangladesh Sangbad Sangstha (BSS) reported. 


In an effort to conserve energy, shopping malls and markets nationwide must shut down by 6:00 pm. However, essential services including kitchen markets, food outlets, and pharmacies will remain exempt from this restriction.


The decisions were taken by the Prime Minister Tarique Rahman on Thursday night.


Later, Cabinet Secretary Nasimul Ghani briefed the journalists at the media centre of the Jatiya Sangsad Bhaban, saying that the government took measures considering fuel supply disruptions caused by the Middle East war.

  

Prime Minister’s Press Secretary Saleh Shibly was present at the briefing.


Noting that several steps have been taken for the next three months to reduce government expenditure, the cabinet secretary said, “No new vehicles, watercraft or aircraft will be purchased during this period”.

  

Procurement of new equipment, including computers, will also remain suspended, he said, adding, internal training has been reduced by 50 percent, while all foreign training under government funding will remain suspended until further notice.

  

Expenditure on meetings and seminars has also been cut by 50 percent, Ghani said.

  

Besides, he said, government spending in the power, energy and gas sectors will be reduced by 30 percent. The meeting issued a directive to reduce unnecessary travel expenses by 30 percent, the cabinet secretary added.

  

He said new directives will be issued for the education sector.

  

The Ministry of Education will start issuing instructions in phases from Sunday, considering the needs of different levels, so that the measures do not have a negative impact on the education system, Ghani said.

  

In a bid to reduce traffic congestion in the capital city during the school hour, he said, the government has decided to introduce electric buses for school students instead of private cars.

  

Educational institutions joining the initiative will be able to import buses duty-free, the cabinet secretary said, adding, the private sector will also get this facility, but a 20 percent duty will apply for commercial purposes.

  

However, only new buses will be allowed for import, he said.

  

Noting that imports from alternative sources are also being increased to maintain normal fuel supply, Ghani said initiatives have already been taken to import fuel from Malaysia, Indonesia, and Kazakhstan.