The IMF projects that consumer prices in the country will rise by 7.9 percent by the end of the fiscal year
Government earns Tk 812 million from BO account fees in 2014-2015
The government has earned more than Tk 812.12 million as maintennance charges from accounts of beneficiary owners (BO) in the current fiscal year.
Published : 24 May 2015, 05:31 PM
Updated : 24 May 2015, 05:31 PM
A team of Bangladesh Securities and Exchange Commission (BSEC), headed by its chief M Khairul Hossain, handed over the deposit receipt to Finance Minister AMA Muhith on Sunday.
BO accounts are necessary for investors to trade in shares at the stock market and they have to be opened with banks against deposit accounts through brokerage houses.
Brokerage houses and the Central Depository Bangladesh Limited (CDBL) jointly maintain the accounts.
Brokerage houses charge an annual fee of Tk 500 as the maintenance fee and the government receives Tk 150 from it.
According to the CDBL, the number of BO accounts are over 3.22 million.
RELATED STORIES
While initial price spikes have faded since Russia's invasion of Ukraine, a widening of the conflict could cause them to intensify, the IMF says
Manufacturing output in February rose 5% year on year, slower than the 5.9% rise posted in the same month last year
The producer price index for final demand rose 0.2% last month after increasing by an unrevised 0.6% in February
