The budget put forward by the Bangladesh Parliament has allocated a sizable amount to healthcare, which is a BDT 73 billion increase over the previous fiscal year.<\/p>\n
However, despite the increase of the allocation from the previous year of 23.44% and the proposed BDT10,000 Crore of emergency allocation for the sector, it is taking up a low share of the entire budget relative to other sectors.<\/p>\n
One major reason behind this may be that despite the need for healthcare expenditure, the sector itself does not have the capacity to utilize an overabundance of it.<\/p>\n
\nA report by the World Health Organization<\/a> stated that the average healthcare expenditure in most countries is 2.3% of their GDP, while Bangladesh had less than 1% in FY19-20. Thus, the allocation has been moderated with the growth capacity of the sector over the coming year in mind.<\/p>\n Read the complete analysis by Light Castle Analytics Wing here<\/a>.<\/p>\n
![Shutterstock<\/a><\/p>\n[1 Bangladeshi Taka = 0.011 United States Dollar USD]<\/p>\n","protected":false},"excerpt":{"rendered":"The budget put forward by the Bangladesh Parliament has allocated a sizable amount to healthcare, which is a BDT 73 billion increase over the previous fiscal year. However, despite the increase of the allocation from the previous year of 23.44% and the proposed BDT10,000 Crore of emergency allocation for the sector, it is taking up a low share of…<\/p>\n","protected":false},"author":559,"featured_media":987531938,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":""},"categories":[],"tags":[131],"acf":[],"_links":{"self":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987522077"}],"collection":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/users\/559"}],"replies":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/comments?post=987522077"}],"version-history":[{"count":0,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/news\/987522077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media\/987531938"}],"wp:attachment":[{"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/media?parent=987522077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/categories?post=987522077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/p4h.world\/en\/wp-json\/wp\/v2\/tags?post=987522077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/healthcaresuccess.com\/wp-content\/uploads\/shutterstock_393480100-min.jpg\"){kind=link}