A report has said Bangladesh's remittance may reach US $18.19 billion, with an increase of 17.055%, at the end of the current year if its flow continues.
The Refugee and Migratory Movements of Research Unit (RMMRU) disclosed the information during the unveiling of a report at the National Press Club on Sunday.
The report also mentioned the number of migration would decrease 10% within the time.
Dr Tasneem Siddiqui, founding chair of the unit, presented the report.
RMMRU Chair Dr Shahdeen Malik was present at the time, among others.
Officials of Refugee and Migratory Movements of Research Unit (RMMRU) during the unveiling of a report at the National Press Club on December 29, 2019 | Syed Zakir Hossain/Dhaka TribuneBangladeshi expatriates sent remittance of US $16.67 billion till November this year according to the “Labour Migration Trend Report-2019” revealed by the unit.
A total of 6,04,060 Bangladeshi workers went abroad, including to different countries in Arab and Southeast Asia.
Tasneem said the number of Bangladeshi expatriates would see a 10% decline (1,30,121) people less than previous year) this year.
However, she said there is nothing to worry as such trends in migration keeps rotating between ups and downs.
Earlier , Expatriates’ Welfare and Overseas Employment State Minister Imran Ahmed, said: “The number of workers which we are sending abroad have decreased a little, as we are focusing on sending skilled workers. That is why remittance is increasing despite of number of workers abroad are decreasing.
Tasneem, a professor at Dhaka University’s Political Science department, also pointed to the issue of the Probashi Kallyan Bank not being able to provide a single penny as loan till November, 2019 for rehabilitation of the returnees.
Replying to a question, she said the cost could not be lessened only by setting up a cost chart by government.
Rather, job flow is needed in the market. Their research has shown that if there is a regular flow of jobs, the cost comes to a reasonable stage.
