Parliament on Tuesday placed a bill paving the path for bringing the surplus money of different autonomous, semi-autonomous and statutory agencies, including non-financial corporations, to the national exchequer.
Finance Minister AHM Mustafa Kamal placed the Bill to bring self-governed agencies that have Tk 2,12,100 crores of idle money in different banks to the national exchequer.
The Bill was sent to the respective Parliamentary Standing Committee and it was asked to submit its report within seven working days.
The title of the bill is ‘Deposition of Surplus Money of Self-Governed Agencies including Autonomous, Semi-Autonomous and Statutory Government Authorities and Public Non-Financial Corporations to the National Exchequer Bill 2020’.
Of the idle money, the surplus one will be deposited to the national exchequer after keeping aside the operational cost, additional 25 percent of operational cost as emergency fund, money for general provident fund (GPF) and pension.
