DHAKA, Jul 27 (NNN-BSS) – The Bangladeshi central bank, has asked all banks to cut the use of electricity and fuel till Jun, next year.
In a circular issued yesterday, the Bangladesh Bank (BB) asked banks to reduce the consumption of gas and lubricant by 20 percent, and electricity by 25 percent, in the next one-year’s time, starting from Jul this year, the national news agency reported.
The money saved from this austerity move would not be used in any other sector, the statement added.
Also, banks have to preserve the documents and information regarding reduced usage in their respective head offices.
Once the team from the central bank goes for inspection, banks have to show the data.
In addition, the data will have to be included in the annual fiscal report, spanning from Dec, 2022 to Dec, 2023.– NNN-BSS
