Dhaka, March 16 -- Experts and economists have said that the ongoing conflict in the Middle East is already transmitting significant economic shocks to Bangladesh, affecting fuel supplies with higher prices, raising the cost of exports, and slowing remittance inflows.

They have warned that the fallout could dampen gross domestic product (GDP) growth, squeeze incomes, push up inflation, and threaten food security, while also depleting foreign-exchange reserves and narrowing fiscal space, ultimately undermining the macroeconomic stability.

These warnings came on Sunday at a seminar on the economic and societal impacts of the Iran conflict.

The seminar was jointly organised by Voice For Reform and Policy Exchange Bangladesh (PEB) at the B...