Dhaka, Aug. 9 -- The government has officially introduced a comprehensive Policy and Procedures Manual for managing property, plant, equipment (PPE), and leases across State-Owned Enterprises (SOEs) and Autonomous Bodies (ABs), marking a major step toward adopting global best practices in public asset management.

Finance and Science and Technology Adviser Dr. Salehuddin Ahmed unveiled the manual at a dissemination workshop held Thursday at the Finance Division, according to a press release issued on Friday.

Dr. Ahmed emphasized that improving efficiency in asset management across SOEs and ABs-entities that collectively hold nearly 80 percent of the government's total assets-could significantly help reduce the government's contingent liabi...