Dhaka, July 8 -- Ambassador of the European Union (EU) to Bangladesh Michael Miller on Tuesday said investing in strong and inclusive social protection systems is vital to promoting prosperity, stability and social cohesion as Bangladesh moves toward graduation from Least Developed Country status.

He said social protection is about respect, dignity, and resilience.

"It helps people navigate life's uncertainties. It also helps rebuild public trust in state institutions," said the Ambassador.

The European Union (EU) has disbursed EUR 23.5 million to the government of Bangladesh to support improved social protection.

This grant financing recognises progress and encourages further efforts to implement the National Social Security Strategy...