World Bank Flags Pandemic Risks for Bangladesh’s Exports, Remittances

For Bangladesh, the global lender flagged risks in exports and remittances in its updated Global Economic Prospects report published on Tuesday.

Growth outcomes in China, the European Union, and the United States, for instance, have a direct impact on growth in many economies in the South Asia region by lowering export demand and remittances, and limiting access to external financing, the World Bank said citing a 2016 study.