Dhaka, Sept. 19 -- The Ministry of Finance has moved to bring the procurements made by all entities, which have public investments, under the purview of the cabinet committee/advisers' council on economic affairs "to ensure transparency and accountability", officials say.

Also, the move is aimed at reducing the "contingent liability" of the government, they add.

However, the Cabinet Division finds implementing the initiative "very difficult" and thinks it may not be possible considering the volley of complications that will arise.

Sources say the Finance Division in a letter in late July requested the Cabinet Division to take initiatives to include the procurements made by state-owned or joint venture companies - where the government h...