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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

U.S. stocks close mixed
World Future Energy Summit focuses on energy transition, investment
Finnish gov't announces austerity measures to curb public debt
Crude futures settle lower
Trump has an edge over Biden on economy, Reuters/Ipsos poll finds
584 migrants rescued off Libyan coast over past week: IOM
U.S. dollar ticks up
2nd LD Writethru: IMF upgrades 2024 global growth forecast to 3.2 pct
U.S. funds new research centers to study ocean-related exposures' impact on human health
Over 180 Nigerian schoolchildren killed, 1,680 others abducted in 10 years: UNICEF

Others Also Read