UNDP, BRAC signed MoU for accelerating poverty reduction pace

The United Nations Development Programme (UNDP) and BRAC have signed a Memorandum of Understanding (MoU) to enhance the effectiveness of poverty eradication and make these efforts more impactful to ensure inclusive growth for Bangladesh, reports UNB.

Sudipto Mukerjee, resident representative of UNDP Bangladesh, and Asif Saleh, executive director of BRAC, signed the MoU on Sunday on behalf of their respective organisations at UNDP office in the city.

Under this partnership, both organisations will work together to enhance the effectiveness of the poverty eradication effort for fostering inclusive growth in Bangladesh.

Evidence-based policies and programmes will be designed, and a platform will be created to further strengthen the social protection systems in Bangladesh to make sure no one is left behind, according to UNDP.

Signing the ceremony, Sudipto Mukerjee said the partnership will assist the government of Bangladesh to effectively identify and transfer social protection benefits to people living in extreme poverty.

"It will also pilot and develop holistic livelihood programmes collaboratively with different ministries of Bangladesh to ensure access to social safety net programmes and help the government in attaining the Sustainable Development Goals by 2030," he said.

"A timely and much-required partnership to assist the Government of Bangladesh in bridging the gaps to achieve poverty eradication and sustainable livelihoods for people living in extreme poverty by 2030", said Asif Saleh.

He further emphasised that this partnership will help strengthen ongoing efforts and design new joint initiatives for social protection and resilience-building as we recover and try to build back better from Covid related shocks.