Bangladesh city Dhaka pandemic economy infection Bangladesh city Dhaka

Bangladesh economy shows early signs of pandemic recovery

Reading now: 967
www.clickorlando.com

DHAKA – A rebound in garment orders after demand crashed during spring shutdowns is helping to revive the Bangladesh economy.

Apparel makers, the country’s main export industry, say they are looking ahead to Christmas orders from the U.S. and other major markets.

Remittances from Bangladeshi workers employed overseas have also recovered, helping to relieve pressures from a pandemic quasi-shutdown during the spring.

The Asian Development Bank reported this week that the economic comeback was encouraging. It is forecasting the economy will grow at a robust 6.8% annual pace in the fiscal year that ends in June if current conditions persist.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA