As natural disasters like floods have created another challenge right now, experts on Sunday suggested the government increase the allocation for social safety net programmes in the proposed budget.
They made the suggestion at the MCCI-PRI post-budget discussion titled “Bangladesh from Vulnerability to Resilience and Rapid Inclusive Development” at MCCI auditorium in Dhaka.
Metropolitan Chamber of Commerce and Industry (MCCI) President Md Saiful Islam said there has been an increase in the allocation from Tk 1,07,614 crore in FY22 to Tk 1,13,576 crore considering the effects of the Russia-Ukraine war and the Covid-19 pandemic.
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“Moreover, natural disasters such as floods which we are going through right now will also be another challenge for the country. Hence, we are suggesting that the social safety net budget be increased from the current level to a reasonable amount,” he added.
