State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
The need for universal elderly benefits
The risk of severe COVID-19 if an individual becomes infected is known to
be higher in older individuals
Although pensions for the elderly are the most commonly provided form
of social protection in the world, 66 per cent of the elderly
population in Bangladesh, were still not covered with any social
protection benefits in 2017
Bangladesh also has some of the most stringent legal requirements for
obtaining old-age pensions in South Asia
The cost of providing cash benefits equal to 100 per cent of the
national poverty line to all persons aged 65 years and above
would be 2.18 per cent of GDP
Providing USD 2 per day PPP to all persons aged 65 years and above in
Bangladesh would cost 1.30 per cent of GDP
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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