Bangladesh Unveils UK-Backed Anti-Poverty Scheme

    Bangladesh unveiled a USD145 million poverty alleviation initiative to lift one million people out of extreme poverty,

    reported. "Everyone in the bottom 10 percent in Bangladesh deserves a life out of poverty and it can only be achieved through a multi-pronged strategy," said Azim Manji, chief executive officer of the project. The U.K. Department for International Development will initially release USD89 million for the anti-poverty scheme, which will target residents in Chittagong Hill Tracts and marshlands. "Under this scheme resources will be made available to qualified NGOs (non-government organisations) to generate assets, improve incomes, ensure food security and decrease donor dependency," Manji said.

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