Cabinet approves draft financial inclusion strategy

FE Team | Published: November 16, 2020 23:53:47

The government has approved the draft of the National Financial Inclusion Strategy in order to bring maximum number of people under the financial accounting system and arrange the financial benefits for them, reports UNB.
Both the Bengali and English versions of the draft were cleared at the cabinet meeting on Monday, Cabinet Secretary Khandker Anwarul Islam told a media briefing after the meeting.
Prime Minister Sheikh Hasina chaired the meeting held at the Bangladesh Secretariat, joining from her official residence Ganobhaban virtually.
The five-year strategy is being taken for 2021-2025 to improve the life and livelihood of people, particularly the poor, by bringing under all sorts of institutional financial services, said the cabinet secretary.
The government has a plan to bring 100 per cent people under the financial accounting system by 2025, he added
Besides, the cabinet endorsed the draft of national nuclear and radiological emergencies preparedness and response plan in order to ensure safety measures for the Rooppur nuclear power plant, said the cabinet secretary.
No country can open such a nuclear plant without the response plan, according to the guidelines of International Atomic Energy Agency (IAEA), he said.
The cabinet meeting also approved the ratification proposal of the draft of the 'Agreement on Cooperation and Mutual Assistance in Customs Matters' to be signed between Bangladesh and Turkey, he said.
At the meeting, the foreign minister said many Bangladeshi products do not have access to the Turkey market due to such an agreement.
The cabinet secretary said the country's export to Turkey declined by more than US$ 100 million in the last two and three years. If the agreement is signed, the complimentary products from Bangladesh will get advantage in the Turkey market, he added.