Dhaka, May 20 -- Despite an increase in absolute allocation, the labour sector's proportional share in the national budget has been declining over the years, economist Dr. Golam Moazzem said on Tuesday.
Speaking at a roundtable titled "What Kind of Budget Do Workers Need?" at the National Press Club, the Research Director of the Centre for Policy Dialogue (CPD) pointed out that in the 2020-21 fiscal year, the allocation for the Ministry of Labour was 11 paisa for every Tk 100 in the budget. By FY2023-24, it had dropped to 9 paisa.
The event was organized by the Bangladesh Textile Garment Workers Federation.
"Even though the allocation has gone up in terms of amount, it has declined proportionally compared to other sectors," Moazzem sai...
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