Social Safety Net Spending: It is 0 97pc of GDP, not 3 1pc thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
The government has created two separate funds worth a combined Tk 12,300 crore under its massive social safety net programmes in the next fiscal year for targeted populations and low-paid informal sector workers. Of these funds, Tk 7,300 crore has been earmarked for the purpose of providing cash assistance to the poor and vulnerable and addressing Covid-19 health risks,
Around 16 lakh more elderly citizens, widows, and people with disabilities are likely to get government benefits from next fiscal year. The amount of the cash allowance will be the Tk 500 per month received by current beneficiaries, said finance ministry sources, adding that the government is set to expand the social safety net coverage in the upcoming budget. Over eight lakh