The unchanged budget allocated for the education sector can surge dropout rates. Hence, the distribution of funds between different sectors of education should be closely observed before the revised budget.
COVID caused financial loss to Bangladesh’s agricultural and leather sector. Therefore, the 5000 crore BDT package provided by the government must be accessible to those impacted within these sectors.
Government has prioritised the healthcare and pharmaceuticals sector by allocating huge funds for 2020-21 fiscal year. The ministry of Finance has taken initiatives to foster growth, research and development in this sector.
To address the impact of COVID-19 on Bangladesh’s economy, the government announced a budget for 2020-21 with measures to stimulate growth and recover from loss. These include increased spending on health infrastructure, funding for infrastructure projects, reduced interest rates, increased social safety net programs, and tax incentives.