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Finance Ministry (Bangladesh)

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Ministry of Finance
অর্থ মন্ত্রণালয়
Government Seal of Bangladesh
Ministry overview
Formed14 April 1971 (14 April 1971)
JurisdictionGovernment of Bangladesh
HeadquartersBangladesh Secretariat, Dhaka[1]
Annual budget৳323797 crore (US$26 billion) (2026-2027)
Minister responsible
Ministry executives
Child agencies
Websitemof.gov.bd

The Ministry of Finance of Bangladesh (Bengali: অর্থ মন্ত্রণালয়, romanized: Artha Montronaloy) is a ministry of the Government of Bangladesh responsible for financial management, economic policy, and fiscal administration. It serves as the principal government body overseeing the country’s budget, taxation, public expenditure, and financial regulations.[2][3]

Critics have raised concerns about executive overreach by secretaries in the banking and revenue sectors, alleging their involvement in financial mismanagement.[4][5] These issues reportedly include large-scale bank loan fraud, money laundering schemes, and the politicization of financial institutions. Such systemic problems have allegedly contributed to substantial capital flight, with reports estimating that up to $240 billion has been illicitly transferred abroad over the past 15 years.[6]

Divisions

List of secretaries of finance

List of Tenures
No.NameTenureReference
1Khandaker Asaduzzaman22 April 1971 to 16 January 1972[7]
2M. Motiul Islam17 January 1972 to 11 October 1973[7]
3Kofil Uddin Mahmud12 October 1973 to 6 February 1976[7]
4M. Saiduzzaman6 February 1976 to 1 July 1977[7]
5S.A. Khair1 July 1977 to 6 February 1980[7]
6Golam Kibria6 February 1980 to 24 October 1982[7]
7M. Saiduzzaman24 October 1982 to 8 January 1984[7]
8M. Mustafizur Rahman5 February 1984 to 12 January 1987[7]
9Golam Kibria1 February 1987 to 31 December 1988[7]
10M.K. Anwar1 January 1989 to 31 December 1989[7]
11Khorshed Alam2 January 1990 to 13 January 1992[7]
12Nasim Uddin Ahmed14 January 1992 to 22 November 1995[7]
13Akbar Ali Khan23 November 1995 to 30 June 2001[7]
14Zakir Ahmed Khan1 July 2001 to 31 July 2005[7]
15Siddiqur Rahman Chowdhury1 August 2005 to 21 January 2007[7]
16Mohammad Tarek22 January 2007 to 31 July 2012[7]
17Fazle Kabir1 August 2012 to 3 July 2014[7]
18Mahbub Ahmed6 July 2014 to 28 February 2017[7]
19Hedayetullah Al Mamoon1 March 2017 to 3 October 2017[7]
20Mohammad Muslim Chowdhury3 October 2017 to 17 July 2018[7]
21Abdur Rouf Talukder17 July 2018 to 11 July 2022[7]
22Fatima Yasmin17 July 2022 to 28 August 2023[7]
23Md Khairuzzaman Mozumder29 August 2023 to present[7]

See also

References

  1. মন্ত্রণালয় ও বিভাগসমূহ - Cabinet Division-Government of the People's Republic of Bangladesh - মন্ত্রিপরিষদ বিভাগ-গণপ্রজাতন্ত্রী বাংলাদেশ সরকার. cabinet.gov.bd.
  2. "Finance Division :: Ministry of Finance". mof.gov.bd. Archived from the original on 2017-10-29. Retrieved 2013-06-03.
  3. "Yunus-led interim govt sworn in". The Daily Star. 2024-08-08. Retrieved 2024-08-08.
  4. "State Banks: Plundering made easy". The Daily Star. 2018-02-18. Retrieved 2025-05-25.
  5. "CPD calls for winding up moribund banks, not wasting taxes". Prothom Alo. 2024-08-12. Retrieved 2025-05-25.
  6. "$16b siphoned off every year on avg during AL rule". The Daily Star. 2024-12-01. Archived from the original on 2025-05-04. Retrieved 2025-05-25.
  7. "Former Secretaries". Finance Division, Ministry of Finance. Retrieved 14 December 2024.