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Bangladesh is facing a major remittance loss due to Covid-19

news Bangladesh is facing a major remittance loss due to Covid-19 The New Nation International remittances make up 7 per cent of Bangladesh s GDP, but Covid-19 has adversely impacted its migrants working in countries with strict lockdowns 23 February 2021 Amil Aneja and Sheikh Tanjeb Islam : The economic importance of the more than 10 million migrants from Bangladesh who sent close to $18 billion in 2019 cannot be overstated. International remittances normally represent around 7% of Bangladesh s GDP. But the COVID-19 pandemic is having an acute effect on Bangladeshi migrants abroad, who are largely concentrated in countries with strict lockdown measures. Considering the large volume of Bangladeshi migrants in the Middle East, secondary economic impacts through depressed demand and falling oil prices will also likely add strain to the flow of remittances.

Vodafone s M-Paisa Now In Kadavu

Vodafone’s M-Paisa Now In Kadavu “People in the islands always have difficulty paying for goods and services. by susana hirst-tuilau 21 Feb 2021 15:18 Sixth from left United Nations Capital Development Fund (UNCDF) regional leader Bram Peters, owner of Advanced Store Viliame Naqelevuki, Roko Tui Kadavu Kitione Raibevu, Head of Vodafone eCommerce and Corporate Affairs Shailendra Prasad and women from Vunisea’s Women’s Group in Biani, Vunisea, in Kadavu during the launch of the first MPAiSA QR Agent on February 20, 2021 Photo: Susana Hirst-Tuilau 2021-03-27 Advanced Shop in Vunisea, Kadavu became the fir

EU Launches €20-Million Programme For 5,000 Green Jobs

  The European Union (EU) and its development partners, with the Ashanti Regional Coordinating Council (WRCC), last Tuesday launched the ‘Boosting Green Employment and Enterprise Opportunities in Ghana’ (GrEEn) project in Kumasi. The €20-million project aims at promoting green, circular and climate-resilient local economies and is projected to create more than 5,000 jobs. It is mainly financed by the European Union Emergency Trust Fund (EUTF) for Africa, with contributions from the Embassy of the Kingdom of the Netherlands and the United Nations Capital Development Fund (UNCDF). The project is targeted at the youth, women and returning migrants of the Western and Ashanti regions who will be trained in green businesses and given financial support to set up their business.

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