Information Minister Dr Hasan Mahmud inaugurates the 3rd Insurance Fair at the MA Aziz Stadium in Chittagong, on Firday, March 15, 2019 Dhaka TribuneThe govt has allocated 13.81% of the budget for social securityInformation Minister Dr Hasan Mahmud said the government has been working on turning the country into a social welfare state. The minister made the comment while inaugurating the third Insurance Fair at the gymnasium ground of MA Aziz Stadium in Chittagong, on Friday. The insurance sector can play a great role in this respect," the minister said. Speaking as chief guest at the two-day insurance fair, the minister urged insurance companies to restore confidence among clients. He also said: "Bangladesh could not match India in the insurance sector due to lack of awareness and confidence deficit.

Source: Dhaka Tribune March 15, 2019 16:30 UTC