$89.7b remittance earned in 7yrs

Of all the credits the present government earned in terms of fetching foreign currencies from different heads, remittance income stands out as one of the top scorers over the period between 2009 and 2015, reports BSS.
As many as 33,67,523 Bangladeshi workers went abroad since 2009 sent as high as 89,7 billion  million US dollar as remittance, thus contributing considerably into the national economy to lead Bangladesh towards becoming a middle-income country before 2021.
“The total number of Bangladeshi workers going abroad this year will be over five lakhs till December 31,” Expatriates’ Welfare and Overseas Employment Minister Nurul Islam, told the news agency yesterday.
He said efforts are underway to expand the existing labour markets for the Bangladeshi workers and also new labour markets around the globe as the government has set up technical training centres at the district level to produce skilled and semi-skilled workers.
The minister said the government is sending workers to Malaysia at a per-head cost of Tk 30,000 under a Government to Government agreement.
The minister said the government quite successfully pursued its labour diplomacy, sending Bangladeshi workers to 160 countries and earned 89.7 billion US Dollars as remittance from 2009 to October 2015.
“We have reduced the migration cost and provided necessary training to send the skilled manpower abroad that has gradually enhanced our remittance income,” he added.
Ministry sources said the government declared the overseas employment sector as the “thrust sector” with maximum stress upon further expanding job markets for the Bangladeshi job seekers abroad.
They said the government introduced online registration system to help facilitate sending workers abroad and the government will have to look for new labour markets to ensure more work opportunities for the job seekers.
The sources from the ministry also said that the government has already undertaken a plan to construct vocational training centres at every upazila across the country with a view of sending trained Bangladeshi workers abroad.
Meanwhile, 1.15 lakh workers got training in 2014 through six institutes of marine technology and 47 vocational training centres across the country. The present government is sending Bangladeshi job seekers to a total of 160 countries up from only 97 countries during the past four-party alliance government.

$89.7b remittance earned in 7yrs

Of all the credits the present government earned in terms of fetching foreign currencies from different heads, remittance income stands out as one of the top scorers over the period between 2009 and 2015, reports BSS. As many as 33,67,523 Bangladeshi workers went abroad since 2009 sent as high as 89,7 billion million US dollar as remittance, thus contributing considerably into the national economy to lead Bangladesh towards becoming a middle-income country before 2021. The total number of Bangladeshi workers going abroad this year will be over five lakhs till December 31, Expatriates Welfare and Overseas Employment Minister Nurul Islam, told the news agency yesterday. He said efforts are underway to expand the existing labour markets for the Bangladeshi workers and also new labour markets around the globe as the government has set up technical training centres at the district level to produce skilled and semi-skilled workers. The minister said the government is sending workers to Malaysia at a per-head cost of Tk 30,000 under a Government to Government agreement. The minister said the government quite successfully pursued its labour diplomacy, sending Bangladeshi workers to 160 countries and earned 89.7 billion US Dollars as remittance from 2009 to October 2015. We have reduced the migration cost and provided necessary training to send the skilled manpower abroad that has gradually enhanced our remittance income, he added. Ministry sources said the government declared the overseas employment sector as the thrust sector with maximum stress upon further expanding job markets for the Bangladeshi job seekers abroad. They said the government introduced online registration system to help facilitate sending workers abroad and the government will have to look for new labour markets to ensure more work opportunities for the job seekers. The sources from the ministry also said that the government has already undertaken a plan to construct vocational training centres at every upazila across the country with a view of sending trained Bangladeshi workers abroad. Meanwhile, 1.15 lakh workers got training in 2014 through six institutes of marine technology and 47 vocational training centres across the country. The present government is sending Bangladeshi job seekers to a total of 160 countries up from only 97 countries during the past four-party alliance government.