The government has proposed an allocation of Tk95,574 crore for the social safety net programs for the 2020-21 fiscal year in its fight against poverty and coronavirus-related issues.
Finance Minister AHM Mustafa Kamal came up with the proposal on Thursday while he was announcing the Tk5,68,000 crore national budget for 2020-21 fiscal year in the parliament.
“The government has allocated Tk95,574 crore in the social security sector, which is 16.83% of total budget and 3.01% of GDP in FY2020-21,” said Kamal.
In the revised budget of FY2019-20, the allocation was Tk81,865 crore. We are also implementing various programs for the welfare of the marginalized communities besides helping the people with disabilities, the minister added.