Revised control over financial operations granted to government-linked organizations by the Finance Ministry
The Ministry of Finance in Bangladesh has issued a circular on 13 August 2025, revising the financial authorities for construction works, procurement, and consultancy services in various government entities. The circular defines delegated spending powers and approval limits for these activities.
The circular sets specific monetary limits for officials at various levels to approve expenditures without higher authority. For instance, project directors can approve spending of up to Tk10 crore for goods, machinery, materials, and equipment under the development budget. Similarly, chief executives can spend up to Tk2 crore, boards of directors up to Tk8 crore, and ministries or divisions up to Tk20 crore for consultancy services under the operating budget.
When it comes to procurement, spending between Tk30 crore and Tk100 crore (from both development and operating budgets) requires ministry or division approval. For amounts exceeding Tk8 crore but not more than Tk30 crore for consultancy services under the development budget, approval from the concerned ministry or division is required.
In terms of construction and installation works, project directors can spend up to Tk20 crore, while boards of directors can approve up to Tk30 crore under the development budget. Expenditures exceeding Tk30 crore but not more than Tk100 crore for construction and installation works require approval from the concerned ministry or division.
Under the operating budget, regional or unit heads can spend up to Tk4 crore, with full authority for consultancy spending subject to allocation. Chief executives can spend up to Tk16 crore, while boards of directors can approve up to Tk30 crore for construction and installation works.
The circular also outlines rules for consultancy service engagement, including authorization for contract approvals and cost ceilings. Under the operating budget, regional or unit heads will have full authority for consultancy spending subject to allocation.
Since the precise revised authorities from the Ministry of Finance circular of 13 August 2025 are not present in the search data, to access exact figures, levels of delegation, and procedural instructions, the original circular document or official summary from the Ministry of Finance would be required.
It is common for such circulars to include procedural changes and detailed instructions, which were not included in the provided search results. However, the provided information provides a clear overview of the revised financial authorities for construction works, procurement, and consultancy services in various government entities.
[1]: IFSCA on foreign currency accounts dated 13 August 2025 [3]: Procurement policy updates in Pakistan [4]: Procurement policy updates in Vietnam [5]: Other unrelated official circulars
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