Although Bangladesh has resiliently fought blowbacks from the pandemic-induced shocks, the ongoing war has led to a significant dent in international trade balances: resulting in declining foreign currency reserves, depreciating currencies, and spiking inflation.
Posts tagged Bangladesh Economy
Bangladesh: Looking Beyond 2020
Bangladesh’s economic performance, over the last decade, has garnered accolades from the international community, particularly from the multilateral development agencies like the World Bank, which has portrayed Bangladesh as an exemplary case for economic development….
The Effect of COVID-19 on Bangladesh’s Apparel Industry
The Covid-19 pandemic has had a profound impact on the supply chain and demand for the apparel sector. Top exporters like Bangladesh have started feeling the heat due to raw material sourcing challenges and cancelled…
RMG and Textile Sector: Emerging Trends and Challenges for 2018
Bangladesh’s RMG sector has been playing a pivotal in facilitating the country’s export earnings, contributing 83.4% of total export (source: EPB), apart for generating employment to the tune of 4.4 million, 80% of which are…