COVID-19 economic impact

Agent Banking has been a catalyst in financial inclusion in Bangladesh. According to a report by the Bill & Melinda Gates Foundation, participation in financial services in the country has increased to reach an all-time high of 47 percent in 2018 as a result of a 5 percentage-point surge (20% to 25%) in registered bank […]

As a country amidst a demographic dividend, Bangladesh has to closely monitor the employment opportunities of the youth. The United Nations defines Youth to be the part of the population between the ages 15-24. According to the last census, 19.14% of the Bangladeshi population are the youth while 27.29% of the population are between ages […]

Like the rest of the world, Bangladesh is facing an economic crisis due to the COVID-19 pandemic. Lower income groups tend to be more affected by such economic crises than those in the upper income. With growing levels of inequality in the country, the economic crisis due to the pandemic can harm the poor more […]

The Garments Industry has been considered a lifeline for our economy for a few decades now. However, in recent years, it has not been seeing considerable growth.  We can see that not only has the number of new RMG factories every year has been increasing, it saw a significant drop during the 2013-14 period. This […]

The COVID-19 pandemic has put everyone in a quagmire no one knows the way out of. In order to survive the sudden economic shift from physical to digital, people are adopting innovative ways of doing business and connecting with everyone. Now, digital transformation is not just a prospect but a much-needed action for many industries […]

While most countries have enforced economic lockdowns as an effective measure to slow COVID-19 spread, the global oil economy has been hit hard as demands dried up. The price of crude oil was already volatile since the beginning of 2020 due to the price war between Saudi Arabia and Russia and then the COVID-19 pandemic […]

The Covid-19 pandemic has forced the economic activities of the world to come at a halt. To save the world from a devastating recession, different countries are announcing stimulus packages for various sectors. As of April 15th, the Government of Bangladesh has introduced stimulus packages of a total of BDT 1,000 billion which is 3.3% […]

It has been a long time since Bangladesh has settled into the moniker of Development Surprise thanks to its high, and consistent rate of GDP growth. Bangladesh’s commendable performance in terms of development indicators is due, in no small part to the annual fiscal spending packages and development budgets which have harbored such desirable performance. […]

As the global economy is facing the ‘Great lockdown’ recession caused by the COVID-19 pandemic, the economy of Bangladesh too, has been hit hard. With only 15% of the country’s population making more than USD 6 per day, Bangladesh stands in a vulnerable position to tackle the economic impact of COVID-19. This article tries to […]