In this scenario, Bangladesh passed a depressed economic challenge due to Corona Virus. Our country has faced Lock-down for huge number of day's. Still situation is not going well and vaccine of Corona virus yet make.
Our main sector Garments was shut down, that results Our garments labor faced financial crisis and Govt. also. Many customer from other countries cancel their order. Garments labor can not fulfill their basic needs. One point is noted, Most of the Labor live rent house, at this situation they can not pay their house rent as well. They are continuous pressurized by their landlord.
In Government Revenue, Most organization can not pay tax properly due to Lock-down, lower number of transaction that result Government revenue has decreased a remarkable level.
In Government view of point, they offer incentive plan for facing this challenge. They continuously instruct citizens for awareness. Government has decided to increase local travel fare by 60% to recover their loss due to lock-down. In 2020-21 budget, Government passed several provision in tax for relaxing their citizens.
Huge number of Job holder could not be paid their salary from mean organization. In this situation, they can not afford their high expenditure.
In this situation, Our economic situation is going worst, our remittance is fall low. If this situation is not be well, Our economy and our living standard will dramatically change at worst level and it will be difficult for us to immediate recover.
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