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The government should align its upcoming budget with the Eighth Five-Year Plan and make special allocations to create jobs to reach its goals on youth development, speakers said at a webinar yesterday. The Daily Star and the ActionAid Bangladesh jointly organised the programme on "Translating the Eighth Five-Year Plan into Fiscal Year Budget 2021-22: Youth Perspective."
Budget to see major cuts as earnings, spending drop The government is likely to downsize its income and expenditure targets in the revised budget because of lower revenue growth, slower implementation of development programmes and a fall in spending due to the pandemic. The fiscal coordination council discussed the issue at a meeting on Thursday. Finance Minister AHM Mustafa Kamal, head of the council, chaired the meeting through a virtual platform from Singapore. The finance division prepared a draft about the revised budget, considering the incomes and expenditure in the last six months and...
2020 has been a year of nature-based solutions. So what awaits us in 2021? NbS must empower the indigenous and local people and engage them in their design and implementation, and must not be enforced from outside. Photo:Philip Gain In 2020, Nature-based Solutions, or NbS, has emerged as a much-talked-about environmental concept in Bangladesh. While the Covid-19 pandemic has put the whole world in turmoil, we do have other challenges to tackle—climate emergency, disaster risks, food and water insecurities, extreme poverty, and unprecedented biodiversity loss. In simple terms, NbS are the ac...