The U.S. Department of State has provided eight key recommendations aimed at improving financial transparency in Bangladesh. According to its financial transparency report, the current Bangladeshi government largely follows the budget framework set by its predecessor, though it has taken some important reform measures to enhance economic transparency.

The recommendations include:

Publishing year-end financial statements within a reasonable timeframe.

Preparing budget documents in line with international standards.

Separately presenting executive office expenditures.

Providing a comprehensive picture of government revenue and spending in the budget.

Ensuring the independence of the supreme audit authority according to international norms.

Granting the audit office full access to budgetary information.

Timely publication of audit reports with detailed proposals and explanations.

Disclosing key information on natural resource contracts and government procurement.

The report also noted that while the previous government made budget proposals and approved budgets publicly available online, they were not published within a reasonable timeframe. Although the information was generally reliable, it did not fully comply with international standards, such as disclosing the government’s debt levels in the budget.