No new cash for garment industry safety in Bangladesh budget


  • World
  • Thursday, 06 Jun 2013

Monjila Akhter (L) works in a garment factory in Gazipur May 11, 2010. REUTERS/Andrew Biraj

DHAKA (Reuters) - Bangladesh's finance minister pledged on Thursday to improve safety in the garment industry after a factory collapse killed more than 1,100 people, but he unveiled no new money in his annual budget to relocate dangerous buildings.

Finance Minister Abul Maal Abdul Muhith's 2013/14 budget aims to bolster faltering economic growth to 7.2 percent after political unrest and strikes for better pay and conditions in the key garment industry dragged this year.

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