Study: Second wave of Covid lockdowns pushed 32.4 million into poverty in Bangladesh - News Summed Up

Study: Second wave of Covid lockdowns pushed 32.4 million into poverty in Bangladesh


Syed Zakir Hossain/Dhaka TribuneResearchers blame lack of clear and effective response to the situationThe second wave of the Covid-19 lockdown in Bangladesh pushed an estimated 32.4 million people into poverty, according to a study. The situation forced more people to take up less-skilled jobs in order to survive and become more dependent on loans, the study observed. During the fourth phase of the study conducted in August 2021 this year, 4,871 households comprising an average of 4.94 members were interviewed. According to him, savings were no longer a significant coping option during the second wave of lockdowns, when reliance on loans and shop credit rose significantly. According to him, proper healthcare response to the infection, administrative response to lockdown measures and economic policy response to support recovery needed to be in place at the same time.


Source: Dhaka Tribune November 05, 2021 02:34 UTC



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