Bangladesh’s landmark universal pension: a safety net amid economic hopes and fears

Bangladesh introduced its inaugural universal pension scheme, aiming to provide a safety net for millions. This move allows Bangladeshi citizens to contribute between 1,000 takas (approximately US$14) and 10,000 takas (about US$91) monthly. Prime Minister Sheikh Hasina announced the scheme, with the government pledging to supplement the pension for lower-income groups. The scheme aims to […]

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