Kamal proposed an allocation of over Tk 9.5 billion in the social safety net programmes while presenting the budget for 2020-21 fiscal year last Thursday. The allocation is 16.83 percent of the total budget and 3.01 percent of the total GDP. In the revised budget for the fiscal of 2019-20, the allocation for this sector was Tk 818.65 billion. “In this case, our request to the government is that MFS can play the biggest role in digitisation and financial inclusion. And since Nagad is working with the state-of-the-art technology, it is only possible for Nagad to deliver government allowances or grants to the right person's Nagad account instantly without any hassle,” the statement said.

Source: bd News24 June 14, 2020 13:07 UTC