Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    UN plans to halve rations to Rohingya refugees without urgent funding

    UN plans to halve rations to Rohingya refugees without urgent funding

    Published by Global Banking and Finance Review

    Posted on March 5, 2025

    Featured image for article about Headlines

    By Ruma Paul and Poppy McPherson

    DHAKA (Reuters) -The United Nations has warned it will have to cut monthly food rations to Rohingya refugees in Bangladesh from $12.50 to $6 next month, unless it can raise funds to avert a measure that would worsen hunger in the world's largest refugee settlement.

    "Yesterday, I was informed verbally, and today I received the letter confirming a $6.50 cut, which will take effect from April 1," said Mohammed Mizanur Rahman, Bangladesh's top official overseeing the refugee camps.

    "What they are receiving now is already not enough, so it's hard to imagine the consequences of this new cut," he told Reuters by phone.

    A spokesperson for the U.N. World Food Programme (WFP) in Dhaka, Bangladesh's capital, said the cuts could be averted if the organization raised enough money in the coming weeks, adding in a statement to Reuters that it was seeking $81 million.

    Bangladesh is sheltering more than one million Rohingya, members of a persecuted Muslim minority who fled violent purges in neighbouring Myanmar mostly in 2016 and 2017, in overcrowded camps in the southern Cox's Bazar district where they have limited access to job opportunities or education.

    Roughly 70,000 fled to Bangladesh last year, driven in part by growing hunger in their home Rakhine state, Reuters has reported.

    In a letter to Rahman, seen by Reuters, the WFP said it had been trying to raise funds to keep the rations at $12.50 per month but had failed to find donors.

    A cut in rations to anything less than $6 would "fall below the minimum survival level and fail to meet basic dietary needs," it said.

    In its statement to Reuters, WFP said $6 a month would still not allow refugees to meet the "minimum standard" for energy and nutrition and pregnant and breastfeeding women with higher nutrient needs were particularly at risk.

    The funding gap was due to a broad shortfall in donations rather than a decision by the Trump administration in the United States to cut foreign aid globally, the WFP said, adding that U.S. support for food aid for the Rohingya had continued.

    The U.S. has been the top donor to the refugee response, supporting the U.N. in providing emergency food and nutrition assistance since 2017.

    TURMOIL IN AID SECTOR

    The head of the U.N. refugee agency Filippo Grandi said on Friday in a post on X during a visit to Cox's Bazar that if donor support to the camps "decreases dramatically - which may happen - the huge work done by the Bangladesh government, aid agencies and refugees will be impacted, putting thousands at risk of hunger, disease and insecurity."

    A previous round of ration cuts to Rohingya in 2023 that reduced the amount of food rations to $8 monthly led to a sharp increase in hunger and malnutrition, according to the U.N.

    Within months, they said, 90% of the camp population "struggled to access an adequate diet" and more than 15% of children suffered from malnutrition, the highest rate recorded.

    The cut was later reversed.

    With $6 monthly, the refugees would receive the equivalent of about 24 Bangladesh taka daily.

    "For comparison, a banana costs around 10-12 taka, and an egg costs 12-14 taka," said Rahman, the Cox's Bazar-based official.

    Rahman said last month that the U.S. contributed more than 50% of the funds for the Rohingya humanitarian response in 2024, about $300 million.

    The decision by the Trump administration to abruptly halt most U.S. foreign aid and dismantle the U.S. Agency for International Development (USAID) has caused turmoil in the humanitarian sector globally, as U.S-funded programmes providing lifesaving care for millions of people in countries such as Sudan and South Africa received termination notices.

    The cuts by Washington meant there was already a "squeeze on operations" at hospitals in the Rohingya camps and in waste management, Rahman said, with five U.S.-funded hospitals having to reduce services. He said if food were to be reduced it would create a "grievous problem".

    "These people are stateless, ill-fated and should not be suffering due to the funding crunch," Rahman said.

    (Reporting by Ruma Paul in Dhaka and Poppy McPherson in Bangkok, additional reporting by Sudipto Ganguly; editing by Raju Gopalakrishnan and Philippa Fletcher)

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe