Bangladesh Financial institution officers and staff will be unable to make any type of international journeys any further apart from some emergency functions as a part of the central financial institution’s efforts to forestall the international forex reserves from sliding additional.
The central financial institution issued a round to this impact yesterday.
Based on the discover, the officers and staff will chorus from taking part in all varieties of publicity visits, research excursions, workshops and seminars overseas beneath the partial or full finance of the BB.
They’ll, nonetheless, make international excursions just for medical and hajj functions. In addition to, they may be capable to go overseas to participate in coaching with full funding from international organisations, in response to the discover.
The BB additionally cancelled all approval already prolonged to its officers and staff for international journeys, apart from these associated to hajj and medical functions and coaching absolutely funded by organisers.
As a way to ease stress on international alternate reserves, the federal government on Could 11 determined to cease international journeys of its officers and postponed the implementation of much less vital initiatives that require imports.
On Could 16, the Finance Division mentioned the staff of autonomous, state-owned, semi-government organisations and state-owned banks and monetary establishments cannot go on abroad journeys.
Reserves fell to $41.92 billion final week owing to hovering imports. It was $46.15 billion on December 31.