
Even as Bangladesh’s economic activities gained pace after the COVID-19 containment measures ended on 30 May, it is still far off from normal levels, reportedly, underlined the Metropolitan Chamber of Commerce and Industry (MCCI) in its review of the economic situation in the country between July and September 2020, as per media reports.
It further added that a large segment of informal industries, services and other activities have also resumed operations but were running at a much lower level than their full capacities, while giving instances of the export-oriented leather and readymade garment industries alongside domestic transport, food-processing and steel sector, which it said were not running at full speed yet.
However, gradual rise of electricity, petroleum and gas usage indicates that the economy is returning to normalcy during the quarter under review and the positive changes need to be interpreted carefully, reportedly, underlined the leading chamber adding that private investors were trying to cope with the situation instead of making further investments but the good thing is that economic activities are increasing gradually, before going on to underline that the country is now confronting some major challenges in steering its economy to a higher growth trajectory.






