Fire gutted Gopalpur Tachiran Poultry and Hatchery in Panchbibi of Joypurhat on Monday.

Remittance outlook bleak for emerging economies like BD

Reuters :Larger-than-expected money transfers from migrants overseas have provided a tonic for several sickly economies during the coronavirus crisis, but the outlook for such flows remains fraught with uncertainty even as vaccines are rolled out.Mexico, El Salvador, Kenya, Pakistan, Bangladesh, Philippines and Sri Lanka are among those enjoying resurgent flows in recent months, helping them narrow current account gaps, stabilise currencies and meet any overseas debt payments.Such countries have led a surprise recovery in remittances in the second half of...

23 Dec 2020, 12:00 am