Remittance

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 […]

According to the International Monetary Fund (IMF), the global economy is about to shrink by more than 3 percent in 2020, the sharpest slowdown since the Great Depression in the 1930s. With vaccines at least 12-18 months away and natural immunity at least 2 years away, this outbreak is proving to be a stress test […]

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 […]

Global remittance flow has declined for two consecutive years- for the first time since the turn of the millennium. The last time there was a decline- it was during the global financial crisis. The World Bank expects world remittance to rise to a record high of 600 billion dollars in 2018, suggesting that the current […]