Finance Minister AHM Mustafa Kamal yesterday refused to accept data on the new poor released earlier through surveys conducted by private research organisations to measure the effects of the Covid-19 pandemic-induced income losses. Over the last one year, the Brac Institute of Governance and Development, Power and Participation Research Centre, Centre for Policy Dialogue (CPD) and South Asian Network on Economic Modeling (SANEM) carried out surveys on several occasions. They found that poverty rates rose 35 per cent to 43 per cent as many lost income opportunities in the wake of countrywide shutdowns and the resultant economic slowdown.
Finance Minister AHM Mustafa Kamal yesterday refused to accept data on the new poor released earlier through surveys conducted by private research organisations to measure the effects of the Covid-19 pandemic-induced income losses. Over the last one year, the Brac Institute of Governance and Development, Power and Participation Research Centre, Centre for Policy Dialogue (CPD) and South Asian Network on Economic Modeling (SANEM) carried out surveys on several occasions. They found that poverty rates rose 35 per cent to 43 per cent as many lost income opportunities in the wake of countrywide shutdowns and the resultant economic slowdown.
