EU backs democratic oversight in Bangladesh's financial governance | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
June 21, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JUNE 21, 2025
EU backs democratic oversight in Bangladesh's financial governance

Bangladesh

UNB
30 April, 2025, 02:30 pm
Last modified: 30 April, 2025, 02:35 pm

Related News

  • EU reaffirms commitment to safeguarding environment
  • Election date entirely Bangladesh's decision; which parties will join polls also their own decision: EU envoy
  • EU to set out plans to halt Russian gas imports by end-2027
  • EU envoy visits BRAC University to explore scope of educational partnerships
  • Stance on women's right, minority issues, democracy discussed with EU Envoy Miller: Jamaat leader Taher

EU backs democratic oversight in Bangladesh's financial governance

Finance Adviser Dr Salehuddin Ahmed underlined the significance of continued reform and the value of the longstanding partnership between Bangladesh and the European Union in driving change across key governance sectors

UNB
30 April, 2025, 02:30 pm
Last modified: 30 April, 2025, 02:35 pm
Ambassador of the European Union (EU) to Bangladesh Michael Miller. File Photo: UNB
Ambassador of the European Union (EU) to Bangladesh Michael Miller. File Photo: UNB

European Union (EU) Ambassador to Bangladesh Michael Miller today (30 April) said they are working to ensure that the next Bangladesh Parliament will provide comprehensive democratic oversight and accountability in relation to the country's finances.

Speaking at a high-level event in Dhaka to highlight its support to Bangladesh on Public Financial Management (PFM), he reaffirmed the strength of the EU's partnership with Bangladesh and its commitment to support reforms.

The envoy stressed the EU's role as a steadfast friend and reliable partner of Bangladesh, contributing to stronger institutions and inclusive development.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"The European Union stands with Bangladesh at this pivotal moment. We support the delivery of an ambitious reform agenda," said Ambassador Miller.

Already, he said, they are helping Bangladesh digitise tax policy management and returns, reinforcing the work of the Office of the Comptroller and Auditor General as an independent authority – essential for structural reforms to stick in place.

Speaking as the chief guest, Finance Adviser Dr Salehuddin Ahmed underlined the significance of continued reform and the value of the longstanding partnership between Bangladesh and the European Union in driving change across key governance sectors.

The event was attended by Md Nurul Islam, Comptroller and Auditor General of Bangladesh; Md Abdur Rahman Khan, Chairman of the National Board of Revenue; Dr Md Khairuzzaman Mozumder, Secretary of the Finance Division and Md Mizanur Rahman ndc, Secretary of the Bangladesh Parliament Secretariat.

Representatives of the three institutions delivered presentations highlighting key achievements, lessons learnt, and plans to sustain reform efforts over the long term.

The European Union hosted the high-level event in Dhaka to highlight its support to Bangladesh on Public Financial Management (PFM).

The EU-funded programme is playing a key role in improving institutional governance and financial accountability in Bangladesh, said the EU Embassy in Dhaka.

The EU is focusing its support on enhancing the performance of three crucial national institutions.

Support to the National Board of Revenue has contributed to improving domestic revenue mobilisation.

At the Office of the Comptroller and Auditor General of Bangladesh, the programme has helped strengthen external audit functions.

The Bangladesh Parliament Secretariat has received targeted assistance aimed at enabling more effective support to the Financial Oversight Committees of Parliament in scrutinising public expenditure.

The three institutions are central to building stronger public financial management - ensuring that public funds are collected efficiently, audited independently and used transparently.

The Technical Assistance programme, funded by the EU and implemented by DT Global, is advancing the Government of Bangladesh's PFM Reform Plan.

Through continued cooperation and investment in institutional reform, the EU is helping to work towards a future where public finances in Bangladesh are transparent, accountable, and responsive to the needs of citizens — building trust, fostering development and promoting long-term prosperity.

Top News

European Union / financial assistance

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image of accident. Photo: Collected
    9 killed, 20 injured in two road accidents in Mymensingh
  • Monsoon in Bandarban’s hilly hiking trails means endless adventure — something hundreds of Bangladeshi hikers eagerly await each year. But the risks are sometimes not worth the reward. Photo: Collected
    Tragedy on the trail: The deadly cost of unregulated adventure tourism in Bangladesh’s hills
  • Smoke rises following an Israeli attack on the IRIB building, the country's state broadcaster, in Tehran, Iran, June 16, 2025. File Photo: Majid Asgaripour/WANA (West Asia News Agency) via REUTERS
    Iran says no nuclear talks under Israeli fire, Trump considers options

MOST VIEWED

  • BAT Bangladesh to shut Mohakhali factory, relocate HQ after lease rejection
    BAT Bangladesh to shut Mohakhali factory, relocate HQ after lease rejection
  • Collage of the two Shahjalal University of Science and Technology (SUST) students held over raping classmate after rendering her unconscious and filming videos. Photos: Collected
    2 SUST students held for allegedly rendering female classmate unconscious, raping her, filming nude videos
  • BUET Professor Md Ehsan stands beside his newly designed autorickshaw—just 3.2 metres long and 1.5 metres wide—built for two passengers to ensure greater stability and prevent tipping. With a safety-focused top speed of 30 km/h, the vehicle can be produced at an estimated cost of Tk1.5 lakh. Photo: Junayet Rashel
    Buet’s smart fix for Dhaka's autorickshaws
  • Illustration: Ashrafun Naher Ananna/TBS Creative
    From 18m to 590m Swiss francs: Bangladeshi deposits fly high in Swiss banks
  • Mashrur Arefin appointed Chairman of the Association of Bankers Bangladesh
    Mashrur Arefin appointed Chairman of the Association of Bankers Bangladesh
  • Students attend their graduation ceremony. REUTERS/Brian Snyder/File Photo
    US resumes student visas but orders enhanced social media vetting

Related News

  • EU reaffirms commitment to safeguarding environment
  • Election date entirely Bangladesh's decision; which parties will join polls also their own decision: EU envoy
  • EU to set out plans to halt Russian gas imports by end-2027
  • EU envoy visits BRAC University to explore scope of educational partnerships
  • Stance on women's right, minority issues, democracy discussed with EU Envoy Miller: Jamaat leader Taher

Features

Monsoon in Bandarban’s hilly hiking trails means endless adventure — something hundreds of Bangladeshi hikers eagerly await each year. But the risks are sometimes not worth the reward. Photo: Collected

Tragedy on the trail: The deadly cost of unregulated adventure tourism in Bangladesh’s hills

4h | Panorama
BUET Professor Md Ehsan stands beside his newly designed autorickshaw—just 3.2 metres long and 1.5 metres wide—built for two passengers to ensure greater stability and prevent tipping. With a safety-focused top speed of 30 km/h, the vehicle can be produced at an estimated cost of Tk1.5 lakh. Photo: Junayet Rashel

Buet’s smart fix for Dhaka's autorickshaws

14h | Features
Evacuation of Bangladeshis: Where do they go next from conflict-ridden Iran?

Evacuation of Bangladeshis: Where do they go next from conflict-ridden Iran?

2d | Panorama
The Kallyanpur Canal is burdened with more than 600,000 kilograms of waste every month. Photo: Courtesy

Kallyanpur canal project shows how to combat plastic pollution in Dhaka

3d | Panorama

More Videos from TBS

News of The Day, 20 JUNE 2025

News of The Day, 20 JUNE 2025

4h | TBS News of the day
Israel strikes Iranian missile launch site

Israel strikes Iranian missile launch site

5h | TBS World
Tarique Rahman's Potential Homecoming: Preparations Underway?

Tarique Rahman's Potential Homecoming: Preparations Underway?

3h | TBS Stories
Deposits from Bangladeshis fly high in Swiss banks in 2024

Deposits from Bangladeshis fly high in Swiss banks in 2024

9h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net