Bankers banned from foreign trips...

Bankers banned from foreign trips

 Economy Desk

 Published: 09:41 PM, 22 May 2022  

Bankers banned from foreign trips

Bankers banned from foreign trips

Bangladesh Bank on Sunday banned bankers from all kinds of training, seminars and workshops home or abroad at the expense of foreign currency, dollars, in a bid to defuse the forex reserve crisis.

It was said in a directive signed by Ali Akbar Faraji, Bangladesh Bank General Manager on Sunday.

The circular, issued by the finance ministry, said all foreign travel, including exposure visits, educational trips, APA and innovation-free travel, and participation in workshops or seminars, would remain postponed until the post-corona economy recovers and re-orders in the wake of the current global crisis.

The use of foreign exchange has also increased in this regard as the officers and employees of the bank continue to travel abroad to participate in various trainings, meetings, seminars, workshops, study tours, including personal foreign trips.

Until a re-order is issued in this context, foreign trips will be closed for the officers and employees of the bank to participate in training, meetings, seminars, workshops and study tours, including private trips abroad.

Earlier on 18 May, the central bank in a notification said "all orders issued in connection with foreign trips of Bangladesh Bank officials and employees have been cancelled."