PKSF has allocated an additional BDT 100 crore to strengthen its safe water and sanitation interventions. This takes the institution’s total allocation for this sector in the current fiscal year to BDT 427.26 crore. This initiative is expected to further accelerate national efforts to achieve the Sustainable Development Goal-6.
The decision was taken today at the 264th meeting of PKSF’s Governing Body. At the same meeting, a further allocation of BDT 500 crore was approved for the development of the microenterprise sector. With this addition, the total allocation for the sector in the current fiscal year now stands at BDT 5,741.57 crore.
The Partner Organizations of PKSF are expected to add funds to this amount from their internal and external sources to, in turn, disburse at the grassroots nearly 20 times the PKSF-allocated amount. This will play a significant role in strengthening the capacity of micro-entrepreneurs, generating employment, and adding further dynamism to local economies across the country.
The meeting, held at PKSF Bhaban-2 in the capital’s Shyamoli area, was presided over by PKSF Chairman Zakir Ahmed Khan and attended by Governing Body Members Dr Shahid Akhtar Hossain, Nurun Nahar, Farzanah Chowdhury, Dr Md Taufiqul Islam, Lila Rashid, PhD, and PKSF Managing Director Md Fazlul Kader.
