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  No banks will be closed: Finance Adviser
  19-11-2024

Some banks are continuing to struggle, while few others are recovering, said Finance Adviser Salehuddin Ahmed on Tuesday.

"But, no banks will be shut down."

The adviser stated it while addressing a press conference at his office at the Secretariat in the capital today (Tuesday).

"The condition of Islami Bank, the largest bank, is improving. However, some banks will continue to face challenges and some other will continue to struggle. But, the government will not shut down any bank."

Salehuddin Ahmed said, "The sun of our success has risen and our achievements are not too bad. We will leave a footprint."

Finance Secretary Dr Md Khairuzzaman Majumdar, Secretary of the Financial Institutions Division Nazma Mobarak, Secretary of the Economic Relations Division (ERD) Md Shahriar Kader Siddiqui, and National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan were present at the press conference.

The Finance Adviser also focused on fiscal management, mentioning that measures are being taken to reduce government expenditure. "Salaries and allowances for government officials will not be impacted," he assured.