No vehicle purchase for govt institutions
DHAKA, July 3, 2022 (BSS) - The government has decided to stop purchasing
vehicles, including ships and aircrafts, for all government, semi-government,
autonomous, statutory, state-owned companies and financial institutions.
A circular of the Finance Division revealed this centering suspension and
reduction of some expenditure in the operational and development budget for
the current fiscal year (FY23) as part of austerity measures considering the
current global economic situation.
It said the aforesaid government enterprises will be able to spend maximum 50
percent of their allocations as entertainment expenditure, travel expenditure
as well as expenditure in other stationary items, computer and miscellaneous,
electric equipment and furniture.
Besides, all training expenses inside the country will have to be completed
within 50 percent of the allocation.
The government has recently taken various austerity measures apparently in
the wake of the global economic situation following the COVID-19 pandemic and
the ongoing Russia-Ukraine conflict.