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Challenges of social protection in budget

THE challenge of addressing extreme poverty is both urgent and complex. While Bangladesh has made significant strides in poverty reduction since the 1990s, recent economic headwinds, including persistent inflation, global commodity price fluctuations, and post-pandemic recovery pressures, have exposed vulnerabilities of millions living just above or below...

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Adequate policy attention on social protection system must

INADEQUATE budgetary allocation for social protection that a recent World Bank research has reported indicates the government鈥檚 exclusionary development policy. The report says that the social protection expenditure in Bangladesh is the lowest in South Asia. Bangladesh spends 2 per cent of its gross domestic product...