• Cox's Bazar
  • Thursday, 06 August, 2020

Social safety net programs to get 16.83% of total budget


Cox Gazette | Online Desk June 11, 2020, 07:36 PM Social safety net programs to get 16.83% of total budget

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.

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