BB’s 'reward and reprimand' policy

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FE Report
The Bangladesh Bank (BB) has decided to introduce a system of "reward and reprimand", for the first time, to improve the services of the country's central bank.
Five officials from different sections will receive rewards for 2007 as recognition of their best performances, official sources said.
The board of directors of BB approved a proposal in this connection at a meeting, held in the central bank Thursday with the BB Governor Salehuddin Ahmed in the chair.
On the other hand, the central bank will also give officials reprimand for their bad performances, the sources added.
"We will award our efficient officials as recognition of their best performances that will also help improve the overall services of the central bank," a BB senior official told the FE Thursday.
The central bank will select the efficient officials in line with its policy, which was approved by the authorities concerned earlier.