A REVIEW OF CORONA VIRUS AND ITS EFFECT ON THE ECONOMY OF BANGLADESH

Abstract

The Covid-I9 pandemic hit all over the world within the same time and causes a divesting experience for mankind. At first the novel corona virus (Covid-19) break down in December, 2019 at Wuhan state in China. The Covid-19 has speared fear in the hearts of billions of people across the world. For the first time ever, the whole world has stopped. Social distance is remaining. As a result, the lifestyle is changing causes a huge economic crisis though the world. During the study predicted that the global economy may shrink 2.2 per cent by 2021. The Asian Development Bank (2020) predicts that Bangladesh will lose approximately $3 billion in its GDP (1.10 per cent decline). This study aims to shed light on the global and local economic impacts of Corona virus (COVID-19) in Bangladesh.