How does the social protection budget for the 2023-24 fiscal year fare when analysed through the lenses of equity and efficiency?
Almost a decade after the approval of the NSSS, the country has not yet established a single registry system or installed a robust MIS.
Time has come to make good on those plans.
Bangladesh’s social protection, a key policy instrument in the country, has had a history of innovation evolved around crises
Ensuring accessible, affordable and reliable financial services for all is one of the prerequisites of inclusive growth. The need for a comprehensive and focused public document for this purpose, outlining the vision, concrete targets and clearly defined implementation plan, had long been agreed upon by most financial policymakers worldwide.
There have been lots of debates and disagreements with regard to the economic cost of Covid-19 in Bangladesh. In particular, the debate concentrated on GDP growth rate in FY2020, which ranged from 1.6 percent (World Bank) to 5.5 percent (Budget Speech FY 2021, Ministry of Finance [MOF]).
Bangladesh has started dealing with the severe consequences of the global coronavirus pandemic in earnest, with curtailed economic activities manifested in factory closures, cancellation of and/or sharply reduced export orders, falling remittance inflows, and depressed demand for domestically produced goods and services.
Despite the depressing state of major indicators such as negative export-import growth; large revenue deficit; falling private sector investment; rising non-performing loans recorded in the last quarter of 2019
How does the social protection budget for the 2023-24 fiscal year fare when analysed through the lenses of equity and efficiency?
Almost a decade after the approval of the NSSS, the country has not yet established a single registry system or installed a robust MIS.
Time has come to make good on those plans.
Bangladesh’s social protection, a key policy instrument in the country, has had a history of innovation evolved around crises
Ensuring accessible, affordable and reliable financial services for all is one of the prerequisites of inclusive growth. The need for a comprehensive and focused public document for this purpose, outlining the vision, concrete targets and clearly defined implementation plan, had long been agreed upon by most financial policymakers worldwide.
There have been lots of debates and disagreements with regard to the economic cost of Covid-19 in Bangladesh. In particular, the debate concentrated on GDP growth rate in FY2020, which ranged from 1.6 percent (World Bank) to 5.5 percent (Budget Speech FY 2021, Ministry of Finance [MOF]).
Bangladesh has started dealing with the severe consequences of the global coronavirus pandemic in earnest, with curtailed economic activities manifested in factory closures, cancellation of and/or sharply reduced export orders, falling remittance inflows, and depressed demand for domestically produced goods and services.
Despite the depressing state of major indicators such as negative export-import growth; large revenue deficit; falling private sector investment; rising non-performing loans recorded in the last quarter of 2019
The population structure of any nation provides the country with a window of opportunity to reap economic and social dividends from the structure. In the language of demographers and economists, this is known as first demographic dividend.
HELPAge International, a UK based think tank, produced the 'Global Age Watch Index' which ranks countries according to the social and economic well-being