Podcast
Questions and Answers
What is the current Tax-GDP ratio in Bangladesh, and what is the desired target?
What is the current Tax-GDP ratio in Bangladesh, and what is the desired target?
Below 8%, over 10%
Why is it essential to enhance public expenditure in Bangladesh?
Why is it essential to enhance public expenditure in Bangladesh?
To fulfill development targets in the medium term
What is the significance of remittance from expatriate workers to Bangladesh?
What is the significance of remittance from expatriate workers to Bangladesh?
Ensuring good living of their family members and strengthening foreign exchange reserve
What is the threat to Bangladesh due to the 4th Industrial Revolution?
What is the threat to Bangladesh due to the 4th Industrial Revolution?
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What is Bangladesh's ranking in the Global Climate Risk Index 2021?
What is Bangladesh's ranking in the Global Climate Risk Index 2021?
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What are the risks to Bangladesh's agricultural land and production due to climate change?
What are the risks to Bangladesh's agricultural land and production due to climate change?
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Why is it necessary to take initiatives for the new generation to acquire necessary skills and knowledge?
Why is it necessary to take initiatives for the new generation to acquire necessary skills and knowledge?
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What is the importance of creating opportunities for upskilling and reskilling?
What is the importance of creating opportunities for upskilling and reskilling?
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In what year was the Bangladesh Medical Research Council (BMRC) established?
In what year was the Bangladesh Medical Research Council (BMRC) established?
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What is one of the basic principles of the government mentioned in the passage?
What is one of the basic principles of the government mentioned in the passage?
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What is the target year for achieving the Sustainable Development Goals (SDGs)?
What is the target year for achieving the Sustainable Development Goals (SDGs)?
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What was the maternal mortality rate per lakh in 2007?
What was the maternal mortality rate per lakh in 2007?
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What was the under-five mortality rate per thousand in 2007?
What was the under-five mortality rate per thousand in 2007?
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What was the neonatal mortality rate per thousand in 2007?
What was the neonatal mortality rate per thousand in 2007?
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Who has undertaken and implemented extensive development programs in medical science research?
Who has undertaken and implemented extensive development programs in medical science research?
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What is the goal of the government in terms of health, nutrition and family welfare?
What is the goal of the government in terms of health, nutrition and family welfare?
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What was the life expectancy in Bangladesh in 2007?
What was the life expectancy in Bangladesh in 2007?
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What is the current rate of full immunization of children under one year of age in Bangladesh?
What is the current rate of full immunization of children under one year of age in Bangladesh?
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How many doctors were recruited last year to strengthen the health sector in Bangladesh?
How many doctors were recruited last year to strengthen the health sector in Bangladesh?
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What is the name of the vaccine that has been included in the Expanded Immunization Programme (EPI) to prevent cervical cancer in women?
What is the name of the vaccine that has been included in the Expanded Immunization Programme (EPI) to prevent cervical cancer in women?
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How many community clinics have already been constructed across the country?
How many community clinics have already been constructed across the country?
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What is the target for construction of community clinics across the country?
What is the target for construction of community clinics across the country?
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How many types of medicines are being provided free of cost in the community clinics?
How many types of medicines are being provided free of cost in the community clinics?
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What is the age range of adolescent girls who are being vaccinated against HPV?
What is the age range of adolescent girls who are being vaccinated against HPV?
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What are the key objectives of the government to ensure the welfare of workers?
What are the key objectives of the government to ensure the welfare of workers?
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What services have been provided by the 32 labour welfare centres?
What services have been provided by the 32 labour welfare centres?
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What is the significance of re-fixing the minimum wage of the ready-made garment industry?
What is the significance of re-fixing the minimum wage of the ready-made garment industry?
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What is the purpose of setting up day-care centres in various factories and institutions?
What is the purpose of setting up day-care centres in various factories and institutions?
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What is the purpose of constructing multi-storied hostels and labour welfare centres?
What is the purpose of constructing multi-storied hostels and labour welfare centres?
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What is the significance of the 'Policy for Implementation of Social Protection Program for Unemployed and Distressed Workers'?
What is the significance of the 'Policy for Implementation of Social Protection Program for Unemployed and Distressed Workers'?
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How many unemployed workers have benefited from the incentives provided under the social protection program?
How many unemployed workers have benefited from the incentives provided under the social protection program?
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What is the purpose of providing financial assistance to workers from the Sramik Kalyan Foundation?
What is the purpose of providing financial assistance to workers from the Sramik Kalyan Foundation?
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What is the goal of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' in terms of green skills development?
What is the goal of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' in terms of green skills development?
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How many individuals have received basic skill development training under the 'Skills for Employment Investment Program (SEIP)' over the past 9 years?
How many individuals have received basic skill development training under the 'Skills for Employment Investment Program (SEIP)' over the past 9 years?
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What is the target of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' in terms of industry-academia linkages by 2028?
What is the target of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' in terms of industry-academia linkages by 2028?
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What is the quote mentioned in the passage by the Father of the Nation Bangabandhu Sheikh Mujibur Rahman?
What is the quote mentioned in the passage by the Father of the Nation Bangabandhu Sheikh Mujibur Rahman?
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How many higher-level technical skills development courses will be implemented based on industry demand through the SICIP?
How many higher-level technical skills development courses will be implemented based on industry demand through the SICIP?
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What is the target of the 'Skills for Employment Investment Program (SEIP)' in terms of employment?
What is the target of the 'Skills for Employment Investment Program (SEIP)' in terms of employment?
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What is the goal of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' in terms of research and innovation?
What is the goal of the 'Skills for Industry Competitiveness and Innovation Program (SICIP)' in terms of research and innovation?
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What is the focus of the SEIP project in terms of skill development?
What is the focus of the SEIP project in terms of skill development?
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Study Notes
Public Expenditure and Revenue Collection
- To enhance public expenditure, growth of revenue collection is essential.
- Bangladesh's Tax-GDP ratio is below 8%, compared to 16.98%, 11.59%, 14.03%, and 15.57% in India, Indonesia, Vietnam, and Thailand, respectively.
- Aiming to achieve a Tax-GDP ratio of over 10% to fulfill development targets in the medium term.
Expatriate Workers and Human Resources Development
- Expatriate workers are the driving force of Bangladesh's economy, contributing to foreign exchange reserves and family livelihoods.
- The 4th Industrial Revolution (IR) may narrow down opportunities for unskilled and semi-skilled migrant workers in the overseas market.
- Initiatives are needed to create a conducive environment for the new generation to acquire necessary skills and knowledge to face the challenges arising out of the 4th IR.
- Opportunities for upskilling and reskilling are necessary to meet global standards.
Climate Change
- Bangladesh is one of the least GHG emitting countries but is highly vulnerable to the adverse effects of climate change.
- According to the Global Climate Risk Index 2021, Bangladesh ranks seventh among countries most exposed to climate risk.
- Climate change poses a risk to agricultural land and production, including climate refugees, sea level rise, and increasing intensity of temperature.
Health and Family Welfare
- The Bangladesh Medical Research Council (BMRC) was established in 1972 to develop and organize scientific research in health sciences.
- The government has implemented extensive development programs in medical science research in the last 15 years.
- Ensuring universal health and nutrition is a key principle of the government, with a focus on providing affordable quality Health, Nutrition, and Family Welfare (HNF) services.
- Significant progress has been made in the health sector, including:
- Maternal mortality rate reduction from 351 per lakh in 2007 to 136 per lakh.
- Under-five mortality rate reduction from 60 per thousand in 2007 to 33 per thousand.
- Neonatal mortality rate reduction from 29 per thousand in 2007 to 20 per thousand.
- Life expectancy increase from 66.6 years in 2007 to 72.3 years.
- Success in immunization expansion programs, with 94% of children under one year of age fully immunized.
- The government has continued the Expanded Immunization Programme (EPI) to protect children and women from deadly contagious diseases.
- HPV vaccine, which prevents cervical cancer, has been included in the EPI program for adolescent girls aged 10-14 years.
Labor Welfare and Social Security
- The government has introduced community clinics to reach healthcare services to rural people.
- 14,311 community clinics have been constructed, providing free health care services and 27 types of medicines.
- Labor welfare centers have been established to provide free health care services, family planning counseling, and entertainment services.
- Minimum wages have been fixed/refixed for 43 industrial sectors, including the ready-made garment industry.
- Social security provisions have been implemented for unemployed and distressed workers, including financial assistance and incentives.
- Women-friendly workplaces and housing systems have been established to safeguard motherhood and provide a safe environment for women workers.
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Description
This quiz is about the importance of revenue collection for public expenditure, with a focus on Bangladesh's Tax-GDP ratio compared to other countries.
