FAO, Bangladesh join forces to make public spending key driver of productivity, prosperity

Published at : 20 March 2025, 01:51 pm
FAO, Bangladesh join forces to make public spending key driver of productivity, prosperity

The Food and Agriculture Organization of the United Nations (FAO) and the government of Bangladesh on Thursday hosted a high-level technical workshop in the city to lay the groundwork for a new portfolio of technical support aimed at accelerating the country’s agricultural sector transformation.

This policy support leverages analytics from FAO’s Monitoring and Analysing Food and Agricultural Policies (MAFAP) programme to compile and monitor public expenditure in the food and agriculture sector and find ways to optimise such spending to accelerate Bangladesh’s agricultural transformation programme (ATP), reported UNB.

The two-day workshop brought together government officials, policymakers and technical experts to share the preliminary findings of an analysis on public expenditure in Bangladesh's food and agriculture sector.

Using these data-driven insights, the MAFAP programme will partner with the Ministry of Agriculture, the Bangladesh Agricultural Research Council (BARC), and other relevant institutions to track whether future spending aligns with the ATP pillars.

Secretary of the Ministry of Agriculture Dr Mohammad Emdad Ullah Mian and FAO Representative in Bangladesh Jiaoqun Shi were present at the workshop.

Dr Emdad said as they navigate the complexities of evolving global challenges—climate change, economic shocks, trade disruptions and technological transformations—effective policy monitoring and analysis have become critical.

“FAO has been a longstanding and trusted partner of the Government of Bangladesh. They will collaborate in identifying ways on how public expenditures and investments can be optimised in the framework of the agricultural transformation that will empower farmers, enhance food security and drive sustainable agricultural development," he added.

He emphasised the MAFAP programme’s data-driven approach and renowned analytical methodology, which would help “ensure whether our policies are effective and sustainable or not”, adding that its policy analysis would be “invaluable”.

Jiaoqun Shi said FAO remains committed to supporting the government of Bangladesh in strengthening its policy frameworks for the sustainable agricultural sector.

He highlighted that the MAFAP programme can “play a pivotal role, offering a structured approach to assessing the effectiveness of food and agricultural policies and ensuring they are aligned with national development priorities”.

The workshop also includes a demonstration of the FAO’s Policy Optimization Modelling Tool (PolOpT) and how it could help the government of Bangladesh maximise the impact of its food and agriculture spending.

By optimising the way in which existing budgetary resources are allocated across different policy support measures and subsectors with PolOpT, Bangladesh could stand to boost agrifood GDP, create more off-farm jobs in rural areas, lift more people out of poverty, and make healthy diets more affordable for all.

Deputy Director for Agrifood Economics and Policy at FAO and head of the MAFAP programme Dr Marco V. Sánchez said they are all on the same page here in Dhaka; that they need to not only monitor public spending on food and agriculture to track trends, but go a step further to optimize this government spending, so that every taka is spent more effectively for more jobs, higher agrifood output growth, less poverty and more affordable healthy diets for the people of Bangladesh.

“This would be a pivotal step in Bangladesh’s agricultural transformation and the agrifood sector’s contribution to the rest of the economy, and FAO stands ready to support the government to make that happen,” he added.

Experts also saw how the tool will help Bangladesh to prioritize high-potential commodities for greatest socioeconomic impact by strategically allocating spending levels on areas such as extension services, fertilizers, irrigation, mechanization, R&D, and seeds, FAO said in a media release on Thursday.

During the workshop, stakeholders are going over preliminary results of MAFAP’s food and agriculture expenditure analysis and are actively participating in validating data with a view to fine-tuning key information to develop the policy analysis and prospective scenarios with PolOpT.

PM reaches Washington DC from New York

Published at : 24 September 2023, 02:30 pm
PM reaches Washington DC from New York
File photo

Prime Minister Sheikh Hasina arrived in Washington DC, the USA capital city, this afternoon after joining the 78th United Nations General Assembly (UNGA) session and other high-level side and bilateral events in New York.

 

She reached Washington DC from New York by road at 6pm.

On her arrival in Washington DC, Bangladesh Ambassador to the USA Muhammad Imran received the premier with a flower bouquet, reports BSS.

Earlier, she left her Place of Residence, Lotte New York for Washington DC at 12:30pm.

She arrived in New York on September 17.

The prime minister will leave Washington DC for London, the capital city of the United Kingdom, on September 29.

She will stay in London till October 3.

After wrapping up her visit, the prime minister will leave London for home and scheduled to reach Dhaka on October 4.

 

Bangladesh-US Ticfa meeting begins in Dhaka

Published at : 20 September 2023, 02:41 pm
Bangladesh-US Ticfa meeting begins in Dhaka

Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Bangladesh-US Ticfa meeting begins in Dhaka Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police.

Deal to ease trade in taka-rupee to be signed as Hasina

Published at : 08 September 2023, 01:43 am
Deal to ease trade in taka-rupee to be signed as Hasina

"An MoU will be signed between the National Payments Corporation of India and the Bangladesh Bank to make transactions in rupees and taka between Bangladesh and India easier," said the foreign minister in a press conference at the Foreign Service Academy in the capital on Thursday.

Besides, the neighbouring countries are likely to sign two more memorandums of understanding regarding cooperation in agricultural researches, and extension of the existing cultural exchange programme for two years, said the foreign minister.

Fair Technology launches car exchange programme

Published at : 07 September 2023, 02:29 pm
Fair Technology launches car exchange programme

Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police. Additional Inspector General of police (IGP) Habibur Rahman has been made the new commissioner of Dhaka Metropolitan Police.