Bangladesh: EU releases €2 million as budget support

DHAKA, 29 July 2022, (TON): The European Union has disbursed €2 million, equivalent to around Tk 20 crore, to the government of Bangladesh as budget support.

The fund is to be utilised for strengthening key areas of its social security system.

A press release of the EU said “the areas in focus include strengthening of institutional set-up, overall monitoring and evaluation framework of social security services, introduction of nutrition sensitive child benefit programme, etc.”

The disbursement of the fund came after a positive decision of the Budget Support Steering Committee of the European Commission.

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