Dhaka, May 12 -- Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday directed the authorities concerned to set a target to bring at least one member from each of the country's nearly 20 crore families under the Universal Pension Scheme by 2030, stressing the need for a stronger and more inclusive pension system to address Bangladesh's future demographic challenges.

The directive came at a high-level meeting on the progress, challenges and future action plan of the Universal Pension Scheme held at the Finance Ministry conference room.

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The meeting was chaired by the Finance Minister and attended by Executive Chairman of the National Pension Authority Dr Md Surujjaman,...