The government is set to expand the social safety net in the upcoming budget as the Covid-19 has pushed at least 2.5 crore people below the poverty line.

The government is set to expand the social safety net in the upcoming budget as the Covid-19 has pushed at least 2.5 crore people below the poverty line.
The Parliament Secretariat Commission on Sunday approved a Tk 336.14 crore budget for Parliament to spend on its development and non-development expenditures for the next fiscal year (2020-21).
Dhaka Electric Supply Company (Desco) is going smart with the pre-paid meters for its consumers, the chief of the company said.
Government subsidies in the upcoming budget for 2021-22 fiscal is likely increase by Tk10,000 crore with agriculture sector slated to get the highest allocation, official sources said on Saturday.
The allowance for the valiant Freedom Fighters of the country is going to see a significant jump of 66.66% in the coming 2021-22 fiscal.
Prime Minister Sheikh Hasina on Thursday launched the newly constructed headquarters of the Directorate of Posts, Dak Bhaban, in the city’s Agargaon area.
Several hundred bidi workers have protested against a proposal for tax-hike on the bidi industry by some NGOs from the next fiscal year.
Countries are on track to miss the Sustainable Development Goals (SDGs) relating to environmental protection, two UN entities warn in a new report issued on Saturday to coincide with the International Day for Biological Diversity.
According to a recent World Economic Forum report, transitioning towards nature-positive economic models in key sectors could provide almost 400 million jobs and over $10 trillion in annual business value by 2030.
The World Bank has approved $600 million for two projects in Bangladesh to help over 1.75 million poor and vulnerable populations.
Roulin (BD) Limited, a Japanese apparel manufacturing company, is going to expand its business in Ishwardi EPZ and create employment for 3,500 Bangladeshis.
The United States has announced to provide nearly $155 million in new humanitarian assistance, much of which will go towards the 2021 Bangladesh Joint Response Plan.
The drain takes place subtly and almost invisibly, without the overt violence of colonial occupation and therefore without provoking protest and moral outrage.
President of BGMEA Faruque Hassan on Wednesday hoped 100 percent of workers’ salaries and festival bonuses will be paid before the day of the Eid-ul-Fitr festival.
The COVID-19 pandemic has caused the largest decrease in global economic activity on record. But the drop in carbon dioxide emissions has been only temporary.
Dhaka, May 8 : The government is taking a series of measures to enhance the implementation rate of Annual Development Programme (ADP) in an effort to overcome the lack of capability to use project funds and speed up the pace…
Scores of prominent doctors have urged the government to hike tobacco tax in the budget to protect public health.
Bangladesh Hotel Restaurant Sweetmeat Workers Federation (BHRSWF) will stage demonstrations across the country, including in the capital, on Tuesday demanding their salaries, dues and festival bonus.
The planet’s ecosystems are nearing critical tipping points, with extinction rates 100-1,000 times higher than they were a century ago. Our current economic system has put natural resources under ever-increasing pressure.
Describing the current tobacco tax structure as extremely complex, speakers at a webinar on Monday urged the government to simplify the tax structure to widen its net in the country.
Developing Asia’s economic revival is underway, supported by a healthy global recovery and progress on vaccines. The region’s growth is forecast to rebound to 7.3% in 2021, moderating to 5.3% in 2022.
Dhaka, Apr 28 : The annual development programme (ADP) for 2021-22 fiscal will prioritise the transport, education, health and agriculture sectors, with a view to off-setting the adverse impacts of the coronavirus crisis that have weighed on the economy since…
The role of the IMF as lender-of-last-resort has skyrocketed during the Covid-19 pandemic, with emergency financing and loan packages disbursed to 86 countries since the outbreak of the pandemic in March 2020.
With the pandemic not yet over, politicians are unsurprisingly loath to dampen spirits further with talk of tax increases. But the socially sustainable shift that they profess to seek will require revenue reforms.
The International Monetary Fund (IMF) is responding to urgent liquidity needs in developing countries but fails to ensure systemic debt solutions or recovery without austerity.
The UN’s labour agency launched ILO Green Week to explore what a green future of work could look like, and how we can get there.
Dhaka, Apr 21: Prime Minister Sheikh Hasina on Wednesday allocated Tk 10.50 crore in favour of deputy commissioners of the country to provide assistance to the poor, distressed and insolvent people who have been affected due to the ongoing lockdown…
Speakers at a programme called upon partner NGOs of BRAC to chalk out a plan of action for achieving the Sustainable Development Goals (SDGs).
Dhaka, Apr 15 : Robi has come up with an innovative Iftar donation campaign to stand with the underprivileged people of the society in the holy month of Ramadan.
Dhaka, Apr 14 : Foreign Secretary Masud Bin Momen has said the expatriate Bangladeshis living abroad will receive necessary services more easily and Bangladesh Missions abroad will ensure better services for the expatriates.