How the Hormuz Crisis is hitting Bangladesh — energy…
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How the Hormuz Crisis is hitting Bangladesh — energy, remittances, and exports collapsing simultaneously
Bangladesh imports 95% of its energy. Has 4.5 million workers in Gulf countries sending home $13.5 billion annually. And depends on predictable sea freight for an RMG export sector worth $38 billion.
The Hormuz closure hit all three at once.
I wrote a detailed breakdown of the three economic channels through which this conflict is reaching ordinary Bangladeshis — fuel prices, remittance risk, and export disruption — drawing on SANEM analysis, World Bank economists, and on-the-ground reporting.
The piece also covers Iran's selective passage system and what it means if that arrangement solidifies permanently.
Full article (6 min read): https://medium.com/@mehedi.hasan1216/the-13-5-billion-question-what-the-hormuz-crisis-means-for-bangladesh-f7ebe1723a50
Happy to discuss.
#local #current_events
Bangladesh imports 95% of its energy. Has 4.5 million workers in Gulf countries sending home $13.5 billion annually. And depends on predictable sea freight for an RMG export sector worth $38 billion.
The Hormuz closure hit all three at once.
I wrote a detailed breakdown of the three economic channels through which this conflict is reaching ordinary Bangladeshis — fuel prices, remittance risk, and export disruption — drawing on SANEM analysis, World Bank economists, and on-the-ground reporting.
The piece also covers Iran's selective passage system and what it means if that arrangement solidifies permanently.
Full article (6 min read): https://medium.com/@mehedi.hasan1216/the-13-5-billion-question-what-the-hormuz-crisis-means-for-bangladesh-f7ebe1723a50
Happy to discuss.
#local #current_events
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