Jun 7th


Finance Minister mentions EEP/Shiree in 2015/16 National Budget Speech

The Honorable Finance Minister, Mr. Abul Maal Abdul Muhith

Dear Friends and Supporters,

As you will know, the Honorable Finance Minister, Mr. Abul Maal Abdul Muhith, delivered the 2015 - 16 Budget Speech on 4 June.

All our supporters and friends will be delighted to note that the Hon. Finance Minister specifically singled out the Economic Empowerment of the Poorest in Bangladesh for its contribution to alleviate poverty of 10 lakh ultra poor.

That EEP/Shiree is mentioned in the Budget speech is a signal recognition of its importance for extreme poverty reduction in Bangladesh. Congratulations are due to all EEP/Shiree's sponsors and supporters.

Specifically EEP/Shiree takes this opportunity to thank the Rural Development and Cooperatives Division (RDCD) on the Ministry of Local Government for its continuing efforts to support EEP/Shiree. We also thank the members of the National Steering Committee, led by RDCD, for its support and strategic guidance over the years.

To our Partner NGOs, EEP/Shiree says thank you for all the hard work of you and your staff.

And to our donors, UK aid's Department for International Development (DFID) and Swiss Agency for Development and Cooperation (SDC), we thank you for the excellent design of this programme and your unwavering finance and support. That EEP/Shiree receives such recognition from the Government of Bangladesh is a strong message to send to the tax paying public in the UK and Switzerland.

Heartened by  the Hon Finance Minister's recognition of our work, we in EEP/Shiree will re-double our efforts to ensure our targeted livelihood programme succeeds in helping one million people take enduring steps out of extreme poverty.

Eamoinn Taylor
Extract from the Budget Speech 2015-16, Abul Maal Abdul Muhith, Minister, Ministry of Finance, Government of the People’s Republic of Bangladesh
134. Rural Development for Poverty Alleviation: A bank named Palli Sanchay Bank (Rural Savings Bank) has been established for poor people to deposit their savings and carry out monetary transactions. Through this bank, 4 crore poor of 485 upazilas of 64 districts are receiving online banking services. “One House, One Farm” project is being implemented to create small agro-farms in each homestead. To alleviate poverty of 10 lakh ultra-poor by March 2016, a project titled “Economic Empowerment of the Poorest in Bangladesh” is being implemented. Initiatives have been taken to establish cooperative markets in all the upazilas of the country to serve the interests of the marginalized people. Integrated Rural Employment Assistance Project is being implemented for poor women. At the same time, initiatives are being taken to accelerate the activities of Grameen Bank.


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