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June 12, 2021
We are dismayed at the sluggard progress of a government project (taken up over three years ago) aimed at taking children out of hazardous labour by 2020. The Tk 284 crore project, named "Eradication of Hazardous Child Labour in Bangladesh (4th phase)", passed its deadline as 2020 ended at only 1.33 percent completion—according to a recent Implementation Monitoring and
June 12, 2021
[media type="image" id="943805" layout="small" position="right" caption="1"][/media] The proposed budget for the fiscal year 2021-22 has failed to address pressing issues related to healthcare, poverty, unemployment, and CMSMEs even though they required special attention to protect lives and livelihoods amid the pandemic. The needs of the poor and the marginalised have also
June 11, 2021
More than three years ago, the government had taken up a project with the aim of eliminating hazardous child labour from Bangladesh by 2020. It has been more than six months since the deadline has come and gone, but the project named "Eradication of Hazardous Child Labour in Bangladesh (4th phase)" has seen hardly any progress. According to the latest Implementation Monitoring
June 6, 2021
Bureaucrats, despite being well trained and educated, are not smart enough to implement the budget in a timely manner, for which this perennial difficulty may persist, Planning Minister MA Mannan said yesterday. The ministry alone cannot take down this bureaucratic barrier as the solution lies in inter-ministerial coordination. Besides, the Implementation Monitoring and
June 3, 2021
All eyes were on how Finance Minister AHM Mustafa Kamal would plan to revamp the country's ill-equipped and Covid-battered health sector when he presented the 50th budget yesterday. Although Kamal in his budget speech said the health sector was the top priority, experts termed it frustrating. The health budget for the 2021-2022 fiscal year offers nothing new compared to the
June 3, 2021
As another national budget (of Tk 603,681 crore) is passed by the parliament amidst a global pandemic, the biggest concern for the government and all other stakeholders is how well it can be implemented, as there are many new challenges to tackle. The aspirations of the budget—especially the economic growth target of 7 percent—are already being viewed by many as ambitious, and
June 1, 2021
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs
June 1, 2021
The government should give importance to the agriculture sector, social safety net programmes, and job creation in the upcoming national budget in order to ensure food security and reduce the Covid-induced economic shock on the countrys new poor, according to experts. Besides, the repeated heatwaves and pest damage hampered agriculture throughout the past year while the two nationwide lockdowns also had an impact on the market, particularly the poultry and dairy sectors. This made the food supp...
May 30, 2021
With every passing year, the share of the budget going towards civil servants' salary and allowance gets bigger. And the proposed budget for the incoming fiscal year, due to be unveiled in the parliament on June 3, is no different. Some Tk 71,350 crore has been earmarked for bureaucrats' payroll in fiscal 2021-22, which is an increase of 8.3 percent from this year, according
May 20, 2021
CAGAYAN DE ORO CITY, May 20--The Northern Mindanao Regional Project Monitoring Committee (RPMC)-10 represented by the regional offices of the Department of the Interior and Local Government (DILG)-10, Department of Budget and Management (dbm)-10, and the National Economic and Development Authority (NEDA)-10 together with the implementing agencies inspected high impact projects in Cagayan de Oro City and the provinces of Misamis Oriental and Bukidnon. During its 2nd Quarter 2021 field monitor...