Finance Department is the controller of Govt. Expense and Budget distribution Center. MOF is a distributor of Government revenue to various departments of Bangladesh. Now This is done by the ibas++ automatic system.
Now Bangladesh Government Budget and Accounting is centralized by ibas++. it is very easy to collect data from all Government Departments. Budget Distribution is a very easy and quick system. Nowadays, In July All government offices get a budget only for ibas++.
The Ministry of Finance (Bengali: অর্থ মন্ত্রণালয়; Artho Montronaloya) is a ministry of Bangladesh. The ministry is responsible for state finance, including the state budget, taxation, and economic policy in Bangladesh. It is led by the Finance Minister of Bangladesh. The department must report to the Parliament of Bangladesh. It contains four divisions: Formed 14 April 1971
ibas++ / Department of Finance Bangladesh
ibas++ is a digital accounting method which is created by the finance department of Bangladesh
Caption: ibas++ is a second version of ibas / ibas++ is now integrated by payfixation.gov.bd
ibas++ is 12 months a financial year of finance.gov.bd
- Budget Distribution from ibas++ at July Date of 15-20
- Every Bill hits the government expense by ibas++
- after 9 months all Government departments got revised budget by ibas++
- 24-30 June All Government Surrendered closing budget
- ibas++ Prepared full budget from 30 June to july 20
- Budget Preparation and budget distribution again and again
Does it ibas make budget prepare easy and quick?
Yes, ibas++ made preparing a budget easy and quick. Budget control and distribution are centralized and No way to escape from it. Now Money Corruption is very hard because of ibas++. Ibas++ is a special tool for budgetary and accounting systems.