A study conducted by the Bangladesh Institute of Development Studies (BIDS) indicates that approximately two-thirds of NGOs that rely exclusively on foreign grants are facing severe financial instability. According to the findings, these organizations have seen their budgets decline by an average of 40%. This trend has placed the funding and operational capacity of 2,200 NGOs at significant risk.
Economy
Foreign aid cuts put funding at risk for 2,200 NGOs: BIDS
A BIDS study reveals that two-thirds of NGOs dependent on foreign grants have faced significant financial losses, with budgets shrinking by an average of 40%.
Source: TBS Bangladesh