The proper utilization of foreign aid is crucial to not only paving the way for sustainable development for Bangladesh but also in combating unforeseen challenges such as the Coronavirus pandemic crisis.
COVID-19 hit the global oil economy hard, leading to a significant drop in demand, which is expected to fall by 9.3 million barrels per day in 2020. This creates an opportunity for countries reliant on imported oil. Meanwhile, gold prices have been on the rise due to economic uncertainty and investors seeking a safe haven
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