Job losses and Monsoon floods: Double whammy for COVID-hit Bangladesh
Although Bangladesh is regularly hit by flooding, experts fear the impact this year may be worse owing to job losses caused by the COVID-19 outbreak and floods that have lingered for an unusually long time.
Thousands of workers have been sacked from the country’s garment sector as European brands cancelled clothing orders worth millions of dollars as their shops shut due to the Coronavirus-triggered lockdown, Reuters reported.
The heavily populated nation has also witnessed the return of thousands of its citizens from abroad as many have lost their jobs due to the COVID-19 pandemic. It is to be noted that Bangladesh is one of the biggest exporters of manpower in the world globally.