
In Bangladesh, Covid-19 began as a health crisis but has been simultaneously unfolding a grave socioeconomic crisis. The population that falls in the low-income BRACket are disproportionately affected by the Covid-19 induced economic crisis. About 90% of the people in this country are involved in the informal economy and are dependent on their daily or monthly wage, with very little buffer of savings, assets, or social protection. They were among the first to lose income and/or employment because of social-distancing and lockdown. Without necessary support, this large section of the population are bound to fall in a dire situation.
In Bangladesh, Covid-19 began as a health crisis but has been simultaneously unfolding a grave socioeconomic crisis. The population that falls in the low-income BRACket are disproportionately affected by the Covid-19 induced economic crisis. About 90% of the people in this country are involved in the informal economy and are dependent on their daily or monthly wage, with very little buffer of savings, assets, or social protection. They were among the first to lose income and/or employment because of social-distancing and lockdown. Without necessary support, this large section of the population are bound to fall in a dire situation.