Finance division launches SABRE+ system to boost transparency and oversight in public sector
Good governance requires timely evaluation and strong oversight, says Finance Adviser Salehuddin Ahmed
In a significant move to advance fiscal transparency and accountability, the Finance Division showcased the key features of the SABRE+ system (State-owned Enterprises and Autonomous Bodies Budget, Reporting, and Evaluation System) at a workshop held in Dhaka today (4 August).
"SABRE+ is more than just a digital tool; it represents a pivotal shift toward data-driven, transparent, and accountable governance across state-owned enterprises (SOEs) and autonomous bodies," said Dr Salehuddin Ahmed, adviser to the Ministry of Finance and Science & Technology, who graced the event as chief guest.
Highlighting the importance of reliable data and internal controls, Salehuddin said, "Good governance requires timely evaluation and strong oversight. SABRE+ gives us the tools to achieve that."
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The workshop was organised under the Strengthening SOE Governance Scheme of the Strengthening Public Financial Management Program to Enable Service Delivery (SPFMS) and held at the Multipurpose Hall of the Finance Division.
Presiding over the event, Finance Division Secretary Dr Md Khairuzzaman Mozumder underlined the significance of integrated financial oversight.
"This system will help eliminate discrepancies in budget planning and liquidity management. It's time we transition to a performance- and compliance-based framework," he said.
Additional Secretaries Dr Mohammad Abu Yusuf (Admin, Planning & TDM) and Nasrin Sultana (Regulation, Implementation, Law & SOE) spoke as guests of honour, emphasising the institutional and legal groundwork necessary for effective adoption of the platform.
Over 148 officials from the Finance Division participated in the workshop, where technical sessions showcased the platform's functionality.
Md Firoz Ahmed, additional director general-2 of the Monitoring Cell, presented the core components of SABRE+, which integrates with the national iBAS++ system to collect both financial and non-financial data.
The system's modules cover budgeting, debt, contingent liabilities, securities, and organizational structures—providing end-to-end oversight from FY2023–24 to 2025–26.
In a critical analysis presented during the session, Md Amirul Islam, additional director general-1, disclosed that total liabilities of 101 SOEs and autonomous bodies now stand at Tk6,39,782.58 crore, with 26% tied to subsidiary loan agreements.
He warned that 14 entities categorized as "very high risk" are holding liabilities of Tk1,72,016.94 crore against liquid assets of only Tk2,837.23 crore.
"This imbalance poses serious fiscal risks and requires immediate policy attention," he said.
He also reported that contingent liabilities, including government guarantees, legal claims, and statutory dues, now total Tk18,590.74 crore.
