News & Politics
Photo: Collected
Considering global financial situation, the government has decided to suspend purchasing vehicles, including ships and aircrafts, for all government, semi-government, autonomous, statutory, state-owned companies and financial institutions.
The Finance Division issued an office circular in this regard. The circular stated to reduce expenditure in the operational and development budget for the current fiscal year 2022-23 as part of austerity measures considering the current global economic situation.
The training expenses in the country (inside country) are instructed to complete within 50 percent of the allocation.
The government has suspended honorarium in context of the current global economic situation for all government, semi-government, autonomous statutes, development budgets of state, state-owned companies and financial institutions projects implementing under their funds in the fiscal year 2022-23.
From the allotment no honorarium is paid at the meetings of project implementation committee (PIC), project steering committee (PSC), divisional project evaluation committee (DPEC), special project evaluation committee (SPEC) and divisional special project valuation Committee (DSPEC).
Two separate circular issued on Sunday in this regard with an immediate effect.


















Leave a Comment
Recent Posts
Digital Media Asia 2026 spotli ...
Media leaders from across Asia and beyond have gathered in the Philipp ...
Ganges Water Treaty ‘needs com ...
The Bangladesh-India Ganga/Ganges Water Treaty, which is expiring in D ...
The Unauditable Market
The economy warrants the government’s foremost atten ..
The UAE’s withdrawal from OPEC won’t necessarily
Rights body Manabadhikar Shongskriti Foundation (MSF ..