In a progressive move that resonates with the government’s commitment to the well-being of its citizens, Bangladesh has introduced the Universal Pension Scheme (UPS). This groundbreaking initiative marks a significant stride towards securing financial stability and social protection for a diverse range of individuals across the country. As we delve into the intricacies of this… Continue reading Benefits of Universal Pension Scheme in Bangladesh you may not know
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Challenges of Universal Pension Scheme in Bangladesh
As Bangladesh undergoes economic transformation and demographic changes, the need for a comprehensive social security system becomes increasingly pronounced. The Universal Pension Scheme (UPS) has gained attention as a potential solution to address the financial needs of senior citizens. However, implementing such a scheme is not without its challenges. This study delves into the challenges… Continue reading Challenges of Universal Pension Scheme in Bangladesh
How to make the UPS successful?
The recent announcement of the Universal Pension Scheme (UPS) by the Bangladeshi government marks a crucial step towards supporting the elderly population. As the country’s average life expectancy rises to 73 years, the need for an old-age support system becomes increasingly urgent. The implementation of the UPS on August 17, 2023, is promising, but its… Continue reading How to make the UPS successful?
Universal Pension Scheme in Bangladesh: All you need to know
In a historic move aimed at providing financial security and social protection to a significant portion of the population, It is the launching of the universal pension scheme in Bangladesh today. This groundbreaking initiative, spearheaded by the government, aims to encompass approximately 10 crore people from various socio-economic backgrounds. The pension scheme is poised to… Continue reading Universal Pension Scheme in Bangladesh: All you need to know
Why is Real Estate Investment Good?
Real estate investment is considered a favorable option for many individuals due to its numerous advantages. The real estate market provides opportunities for investors to generate income, build wealth, and diversify their portfolios. By understanding the reasons why real estate investment is advantageous, individuals can make informed decisions about their financial future. Why is Real… Continue reading Why is Real Estate Investment Good?
Repo and reverse repo in Bangladesh
In Bangladesh, the repo (repurchase agreement) and reverse repo operations are vital tools employed by the central bank, the Bangladesh Bank, to manage liquidity in the banking system and influence interest rates. These operations serve as key components of the country’s monetary policy framework. In this blog post, we will delve into the details of… Continue reading Repo and reverse repo in Bangladesh