Bangladesh spurns garment industry in budget


  • World
  • Friday, 07 Jun 2013

Monjila Akhter (L) works in a garment factory in Gazipur May 11, 2010. Monjila earns about 1662 taka ($24) per month. REUTERS/Andrew Biraj

DHAKA (Reuters) - Bangladesh's finance minister promised on Thursday to improve working conditions in the garment industry after a deadly factory collapse, but he spurned calls for new public money to construct safer buildings.

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 clothing industry hit output this year.

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