European Union funds €156.5 million for social security reforms in Bangladesh
The European Union’s (EU) commitment to social security
The European Consensus for Development enshrines the commitment from both the EU and its Member States to promote “adequate and sustainable social protection”. The EUpromotes a basic level of social protection as a right for all, and especially for children, vulnerable persons in active working age and the elderly needs during and after any kind of unexpected shock, and still manage to provide existing services.
The EU supports the Government of Bangladesh to implement its national social security reform agenda. A EUR 156.5 million budget support programme is in place since 2019 to strengthen planning, delivery and monitoring capacities in the sector. This involves:
01 Direct financial transfers to the Treasury (EUR 150 million)
02 Capacity development (EUR 6.5 million)
03 Sector policy dialogue
Technical Assistance to Support Social Security Reforms
The EU-funded Technical Assistance to Support Social Security Reform, implemented by a consortium led by development consultancy Ecorys, supports the Government of Bangladesh to achieve budget support targets. TA SSSR provides technical advisory and capacity building support to the Cabinet Division and concerned line ministries. It is based in the Cabinet Division and works directly with the concerned Additional Secretary and Joint Secretary of the cabinet Division.TA SSSR supports these ministries to better deliver services and increase the number of citizens reached through social security plans and programmes. This assistance focuses primarily on NSSS roll-out and reforms and places special emphasis on the Child Benefit Programme and workers at risk in the RMG, textile, and leather sectors.
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