News Flash
SANGSAD BHABAN, April 28, 2026 (BSS) - Finance Minister Amir Khosru Mahmud Chowdhury today expressed confidence that the circulation of counterfeit currency in the country will be effectively addressed through strengthened legal frameworks, improved security features and coordinated institutional efforts.
He said a draft law aimed at preventing the circulation of counterfeit notes is currently under the approval process.
"The proposed law includes stringent punishment for those involved in producing counterfeit notes or imitating genuine currency," the Minister said, adding that once enacted, it would play a decisive role in curbing and eventually eliminating fake currency circulation.
The Finance Minister said this in response to a notice on matters of public importance under Rule-71 placed by ruling party lawmaker Md. Jalal Uddin (Chandpur-2) on the concerns linked to the new bank notes and on counterfeit notes.
Emphasizing future steps to rein in the trend of circulating counterfeit notes, the Minister said Bangladesh Bank continues to upgrade security features by incorporating modern technologies and ensuring adequate supply of quality notes in circulation.
He added that both policy and technical measures are being taken to address the issue. Any technical concerns raised will be reviewed in consultation with the governor of Bangladesh Bank, and necessary steps will be taken if any gaps are identified.
Khosru highlighted that new series of banknotes have already been introduced featuring designs inspired by Bangladesh's historical heritage and architectural landmarks.
These designs were prepared with the involvement of renowned local artists and recommended by the Currency and Coin Design Committee of Bangladesh Bank, later approved under Article 27 of the Bangladesh Bank Order, 1972.
He added the new notes incorporate enhanced and modern security features compared to previous series, and the public has been informed through media and the central bank's website.
On currency management, he said that note printing is carried out in line with economic indicators such as GDP growth, inflation, and the rate of withdrawal of unfit notes.
The Finance Minister also reiterated the government's commitment to protecting the integrity of the national currency through robust legal, technological, and administrative measures.
