Social Welfare Minister Nuruzzaman Ahmed presided over the programme while State Minister for Social Welfare Md Ashraf Ali Khan Khasru was present as special guest. Nagad, one of the fastest growing digital financial service providers of the country, and another mobile financial service provider will disburse allowances among 7.613 million beneficiaries out of a total of 8.85 million. Post and Telecommunications Minister Mustafa Jabbar described the disbursement of social safety net allowances through mobile financial service firms, especially Nagad, as a “prominent example of the digitalisation of the financial industry”. Nagad is technologically so efficient that it can deliver all of the government's financial services to the people. Secretary Bari described the programme as a “new chapter” in the disbursement of social safety net allowances.

Source: bd News24 January 14, 2021 22:07 UTC