Look why people slip back under poverty line | The Daily Star
12:00 AM, August 28, 2007 / LAST MODIFIED: 12:00 AM, August 28, 2007

Look why people slip back under poverty line

Adviser asks NGOs

Finance Adviser Mirza Azizul Islam yesterday advised NGOs to find out the reasons why people slip back under the poverty line after graduating from it depending on micro-credits.
“Is it for bad quality of loan? NGOs must look into it,” he told a donation distribution ceremony of Bangladesh NGO Foundation at Biam Bhaban.
He said an average of 1.5-2.0 percent poor people are coming out of the poverty line every year, but many of them are falling back below the poverty line.
The NGO Foundation distributed the first installment of donation cheques among 40 NGOs and the second installment cheques among five NGOs at the function presided over by Foundation Chairman M Hafizuddin Khan.
About the NGO Foundation's demand for more funds, the adviser apprised the meeting of budgetary pressure due to the recent devastating floods and the price hike of commodities on the international market.
“We're under pressure to increase subsidy for these reasons,” he said.
The adviser also requested the NGOs to make public their accounts to ensure their accountability and silence their critics.

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