Draft of 'e-Money Regulations' has been done: Salehuddin 

BSS
Published On: 02 Jun 2025, 19:45

DHAKA, June 02, 2025 (BSS) - Finance Adviser Dr Salehuddin Ahmed today said e-Money Regulations have been drafted to create a secure and competitive environment for digital transactions.

"Using the iBAS++ system, about 1.4 million government employees now get salary directly in their bank accounts through Electronic Fund Transfer (EFT). EFT is also being used to pay allowances for social security programs. The scope of payment through EFT is being gradually expanded," he said.

The adviser said this while presenting the proposed national budget for FY26 through a pre-recorded speech aired through Bangladesh Television and Bangladesh Betar.

Currently, Salehuddin said the budget formulation of all ministries and departments is being done through iBAS++ to connect with the policies and performances of the government. 

The use of iBAS++ in field offices is rapidly expanding. Using the automated challan (A-challan) system, online revenue or fee payment is now available in all branches of 61 commercial banks and from anywhere using internet banking, debit or credit card, and mobile financial services," he added. 

To expand the benefits of this system, he said, work is underway to complete the integration of different systems in phases. 

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