€33m disbursed to Bangladesh from EU funds for social security during pandemic thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.
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EU, Germany contribute €80m to strengthen social security The New Nation
BSS, Dhaka :
The European Union (EU) and Germany transferred €80 million (around Tk 800 crore) to Bangladesh to strengthen key areas of its social security system and build resilience to Covid-19, with a particular focus on affected workers in export-oriented industries.
The establishment in October 2020 of the Government s Social Protection Programme for Unemployed and Distressed Workers in the Ready-Made Garment (RMG), Leather goods and Footwear Industries features as an important response measure, said media release on Thursday.
This is the first joint disbursement from the €113 million grant made available by the EU and Germany as part of Team Europe s response to fight Covid-19 and its consequences in Bangladesh. Funds are channelled through the budget support programme on National Social Security Strategy reforms in Bangladesh.