EU-funded support to public financial management reform in Bangladesh – The Business Standard

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Wednesday
April 30, 2025
On 30 April, the European Union (EU) recently hosted a high-level event in Dhaka to highlight its support to Bangladesh on Public Financial Management (PFM).
The EU-funded programme is key to improving Bangladesh’s institutional governance and financial accountability.The EU is focusing its support on enhancing the performance of three crucial national institutions. Support to the National Board of Revenue has improved domestic revenue mobilisation. At the Office of the Comptroller and Auditor General of Bangladesh, the programme has helped strengthen external audit functions. The Bangladesh Parliament Secretariat (BPS) has received targeted assistance to enable more effective support to the Financial Oversight Committees of Parliament in scrutinising public expenditure.
The three institutions are central to strengthening public financial management, ensuring that public funds are collected efficiently, audited independently, and used transparently.
Distinguished guests, including Chief Guest Dr Salehuddin Ahmed, Hon’ble Adviser to the Ministry of Finance, attended the event. Special guests included Md Nurul Islam, Comptroller and Auditor General of Bangladesh; Md Abdur Rahman Khan, Chairman of the National Board of Revenue; Dr Md Khairuzzaman Mozumder, Secretary of the Finance Division; and Md Mizanur Rahman ndc, Secretary of the Bangladesh Parliament Secretariat. In his remarks, Dr Salehuddin Ahmed underlined the significance of continued reform and the value of the longstanding partnership between Bangladesh and the European Union in driving change across key governance sectors.
Representatives of the three institutions delivered presentations highlighting key achievements, lessons learnt, and plans to sustain reform efforts over the long term.
The event concluded with remarks by His Excellency Mr Michael Miller, Ambassador of the European Union to Bangladesh, who reaffirmed the strength of the EU’s partnership with Bangladesh and its commitment to support reforms. He stressed the EU’s role as a steadfast friend and reliable partner, contributing to stronger institutions and inclusive development, stating:
“The European Union stands with Bangladesh at this pivotal moment. We support the delivery of an ambitious reform agenda.  Already, we are helping Bangladesh digitise tax policy management and returns, reinforcing the work of the Office of the Comptroller and Auditor General as an independent authority – essential for structural reforms to stick in place – and working to ensure that the next Bangladesh Parliament will provide comprehensive democratic oversight and accountability about the country’s finances.”
The Technical Assistance programme, funded by the EU and implemented by DT Global, is advancing the Government of Bangladesh’s PFM Reform Plan. Through continued cooperation and investment in institutional reform, the EU is helping to work towards a future where public finances in Bangladesh are transparent, accountable, and responsive to citizens’ needs—building trust, fostering development, and promoting long-term prosperity.
TBS / European Union Bangladesh / Corporate
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