Fourth Week of August: YPF Bangladesh this Week

Timeframe: 21st August – 27th August 2021

Contributors: Afrina Asad, Tawsif Zaman, Zaima Nuzhat, Sayere Nazabi Sayem, Sad Ebne Walid, and Tahmid Rahman.

1. Economy
$51.6 billion aid stuck in the pipeline due to projects not being implemented on time

In the fiscal year 2020-2021, the amount of aid for development projects is $51.6 billion, which is $2.24 billion more than that of the last fiscal year. However, failure to implement projects on time has led to billion of aid getting stuck in the pipeline every year.


2. Trade & Business

Agent banking gained popularity among marginalized people

About 3 million marginalized people are taking agent banking services as of July 2021. Bank branches are often too far away for people in rural areas. With the help of technology and agent network, it was possible to give millions of people better financial services


3. Sports

Bangladesh enter the bio-bubble prior to the New Zealand Series

Ahead of the five-match T20I series against New Zealand, Bangladesh national cricket team is set to enter a bio-secure bubble on Tuesday. Members of the Bangladesh team underwent a Covid-19 test on August 22 and 23, and they are now in isolation at home before entering the bubble.


4. Agriculture

Dhaka wants fertilizer, Moscow wants mangoes

The agriculture minister expressed interest in importing DAP and potassium fertilisers from Russia in a government-to-government (G2G) deal.

He also expressed interest in signing a memorandum of understanding with Russia in this regard while the Russian ambassador described Bangladeshi mangoes as very delicious and said they are of high quality.


5. Expert Opinion

We must focus on building Rohingya and host community resilience

It is essential that the humanitarian operation in Cox’s Bazar is planned and organised for the longer term to provide for and protect the refugees until they can return home, as well as support the neighbouring communities


6. National News

Parliament committee declared the closure of Savar tannery estate

The suggestions were made by a parliamentary body on the Ministry of Environment, Forest, and Climate Change at the Jatiya Sangsad Bhaban. An excess of 15,000 cubic meters remained uncleared at the river leading to mass environmental pollution. In addition, the body chief mentioned that Tk 50 is to be fined per cubic meter of waste. The chairmen of BSCIC will take action accordingly after considering the suggestions by the parliament.


7. Achievements of Bangladeshis

Eco-friendly racing cars produced from jute by a team of KUET students

The KUET team had called this model Formula One racing car “Kiloflight Alpha ”. The car had been under process and observation for three years until it participated in the Formula Student UK online event. It happened to be the only team from Bangladesh of all the 64 countries. The main resource used in the production of the car is jute fiber.


Disclaimer: The information provided here is obtained solely from the third parties mentioned above. Youth Policy Forum (YPF) is not responsible for any misinformation or misrepresentation.

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