Finance Minister AMA Muhith has said the government will re-examine the quota system for recruitment to public service after the national budget.
"We will re-examine the quota system after the budget," he said while addressing an event at the Finance Ministry on Tuesday, for the handover of a dividend cheque by the Investment Corporation of Bangladesh (ICB).
In defence of the quota system, the finance minister said it was necessary in order ensure the advancement of marginalized groups in society.
“But we may rethink the quota percentages for different groups,” he added.
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Muhith’s remarks follow in the wake of nationwide protests against the quota system.
The finance minister said: “Although the quota percentages are much higher than required at the moment, posts are filled with candidates from the merit list when none can be found from the quota.”
Currently, 56% of recruitment in the public sector is reserved for quota groups, while 44% is from the merit list.
Meanwhile, ICB officials handed over a cheque for Tk 51.25 crore to the finance minister at the function.
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Responding to a question about the ailing Farmers Bank, Muhith said the government would not let any bank collapse during its tenure.
"We will not allow any bank to fall during our term, no matter what," he said.
Appreciating the role of the ICB in the country`s capital market, Muhith further said the stock market has now stabilized.
"Now it should not be termed as a fraud market, and this market will become as a very good one within a couple of years," said the finance minister.
Thursday, June 04, 2026
