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EU, Germany contribute €80m to strengthen social security The New Nation
BSS, Dhaka :
The European Union (EU) and Germany transferred €80 million (around Tk 800 crore) to Bangladesh to strengthen key areas of its social security system and build resilience to Covid-19, with a particular focus on affected workers in export-oriented industries.
The establishment in October 2020 of the Government s Social Protection Programme for Unemployed and Distressed Workers in the Ready-Made Garment (RMG), Leather goods and Footwear Industries features as an important response measure, said media release on Thursday.
This is the first joint disbursement from the €113 million grant made available by the EU and Germany as part of Team Europe s response to fight Covid-19 and its consequences in Bangladesh. Funds are channelled through the budget support programme on National Social Security Strategy reforms in Bangladesh.
Displaced workers of three sectors to get cash assistance
Many workers lost their jobs due to the nationwide shutdown imposed to rein in the spread of the coronavirus disease while others were laid-off for a lack of work orders from international retailers and brands. Photo: Sk Enamul Haq
The workers who lost their jobs due to the Covid-19 fallout across three sectors garments, leather and footwear are about to finally receive Tk 3,000 per month as financial assistance.
In the first phase, 1,794 people will get cash assistance of Tk 3,000 each month for a three-month period starting from September.
Begum Mannujan Sufian, state minister for labour and employment, inaugurated the social security programme for unemployed and hardworking workers in export-oriented garments, leather products and footwear at Shrama Bhaban in the capital s Bijoy Nagar area yesterday.
RMG sector in trouble again amid second wave of corona
18th December, 2020 10:59:17
The second wave of the coronavirus pandemic in the major export markets has put Bangladesh’s readymade garment (RMG) sector into a difficult time once again.
Buyers from top export destinations are holding and deferring new orders from Bangladesh due to the re-imposition of strict lockdowns and slowdown in economic activities.
Apparel makers are apprehending another season of uncertainty in coming days - which has already been reflected in the last two months’ export earnings.
Following the situation, apparel makers are in fear that the contraction mood of buyers would cause them facing another trying time. RMG exporters have sought government’s support to overcome the consequence of a second wave of the pandemic on the country’s largest export earning sector. “Although the RMG sector bounced back in July-September from the corona jolt, the sector once again fell in trouble in Octo
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Met dank overgenomen van Europese Commissie (EC), gepubliceerd op donderdag 10 december 2020.
The European Union and Germany are joining forces with the Government of Bangladesh and will provide €113 million to safeguard the livelihoods of vulnerable workers in the garment and leather export-oriented industries. Due to the unprecedented socio-economic consequences of the coronavirus pandemic, these workers are at heightened risk of being pushed into poverty. This financial support, part of Team Europe s response to the COVID-19 crisis, offers a safety net to workers affected by the economic fallout and contributes to strengthening the resilience of Bangladesh s social security system.
Commissioner for International Partnerships, Jutta