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Bangladeshi Islamic NGOs face financial crisis

Bangladeshi Islamic NGOs face financial crisis

Author:
Publication: Xinhuanet
Date: November 12, 2003
URL: http://news.xinhuanet.com/english/2003-11/12/content_1174914.htm

Over 200 Islamic non-governmental organizations (NGO) operating in Bangladesh are facing acute financial crisis due to sharp decline in the flow of funds, reported the Independent newspaper on Wednesday.

Those Islamic NGOs with 25,000 employees are primarily run on funds from donor agencies and charity organizations mostly from Muslim countries, according to sources from the Association of Muslim Welfare Agencies in Bangladesh (AMWAB), the apex body of the Islamic NGOs in the country.

The sources denied the Islamic NGOs in Bangladesh receive fundsfrom the government of any Muslim country.

Some non-muslim organizations that used to fund their projects,however, suspended or even withdrew their funding following the terror attack of Sept. 11, 2001, while the funds from Muslim countries have been reduced at an alarming rate since "911" incident, said the sources.

Director of the NGO Affairs Bureau of Bangladesh SM Meshbahul Salam admitted on Wednesday that some of the Islamic NGOs had already abandoned their projects and retrenched the stuff to fightfor survival. Enditem
 


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