Dhaka, March 13 -- Family card can have significant anti-poverty impact as the programme if properly targeted would reduce Bangladesh's overall poverty rate by 7.4 percentage points, according to a RAPID study.

The newly-elected government recently introduced the piloted family card programme that offers Tk 2,500 monthly to more than 6500 vulnerable households in 14 upzilas aiming to boost food security and income.

The government plans to gradually expand the programme to 20 million households and raise social protection spending to 3.0 per cent of GDP by 2028.

Simulations using HIES 2022 data suggest that providing Tk 2,500 per month to all poor and vulnerable households through the Family Card would significantly reduce poverty and v...