In Bangladesh, general holidays, falling consumer demand, and massive layoffs have affected all sectors of the economy. For the 2 million MSMEs that operate in the country, this has caused severe disruptions in the supply chain and a drastic reduction in revenues. 69% of businesses, mostly engaged in retail trade of essential commodities, remained operational while the remaining 31% were shut.
Our report highlights the impact of COVID-19 on the MSME sector in Bangladesh, particularly on micro-enterprises. It also provides policy recommendations to support the recovery of this sector.