Bangladesh Bank proposed elevating its governor to a full cabinet minister rank through a draft ordinance amendment. The central bank submitted the Bangladesh Bank Ordinance Amendment 2025 to the Finance Division for evaluation after consulting financial specialists. Approval would significantly increase the position's seniority within national governance structures.
Currently ranked fifteenth on the national precedence list, the governor would gain ministerial privileges, including a tax-free monthly salary of 105,000 taka, housing allowances covering all utilities, and multiple government vehicles with maintenance costs covered. The package also features discretionary funds and travel allowances. This status change aims to strengthen the central bank's regulatory independence while aligning compensation with ministerial standards. The amendment follows expert recommendations to modernize the institution's leadership framework.
Currently ranked fifteenth on the national precedence list, the governor would gain ministerial privileges, including a tax-free monthly salary of 105,000 taka, housing allowances covering all utilities, and multiple government vehicles with maintenance costs covered. The package also features discretionary funds and travel allowances. This status change aims to strengthen the central bank's regulatory independence while aligning compensation with ministerial standards. The amendment follows expert recommendations to modernize the institution's leadership framework.
