Wednesday
June 10
2020

BRAC Survey Finds 95 Percent in Bangladesh Suffer Losses in Income Due to COVID-19

By UNB News

Brac in a latest survey said that the lockdown and social distancing measures announced to contain the spread of the COVID-19 pandemic has forced 95% people across the country to suffer a loss in their income.

The disclosure was made on Tuesday while revealing the research findings through a video conference.

A total of 2,317 respondents (68% from rural areas and 32% from urban) from different socio-economic backgrounds in 64 districts joined the survey conducted from 9 to 13 May, 2020.

Approximately 51% of the respondents said their household income was reduced to zero after the public holiday was declared in late March. Around 62% of low income wage earners lost reduced work opportunities.

Photo courtesy of Aditya Saxena.

Source: United News of Bangladesh (link opens in a new window)

Categories
Coronavirus, Finance
Tags
coronavirus, crisis, financial acces, jobs, rural poverty