The global economic crisis caused by the Covid-19 has hit Bangladesh’s economy hard and jeopardised the country’s achievement in poverty reduction. As a result, the poor and vulnerable people are going down the extreme poverty line. So the inequality in society will further increase. According to a study report, the resumption of economic activities reduced the number of crisis caused “new poor” by 1.1 percentage points to 21.7 per cent in June from 22.8 per cent in April. It was carried out among 7,638 households in urban slums, rural areas and hill districts between June 20 and July 2.
The global economic crisis caused by the Covid-19 has hit Bangladesh’s economy hard and jeopardised the country’s achievement in poverty reduction. As a result, the poor and vulnerable people are going down the extreme poverty line. So the inequality in society will further increase. According to a study report, the resumption of economic activities reduced the number of crisis caused “new poor” by 1.1 percentage points to 21.7 per cent in June from 22.8 per cent in April. It was carried out among 7,638 households in urban slums, rural areas and hill districts between June 20 and July 2.