The BGMEA president said this will be done to fulfill government's goal of a ‘cashless Bangladesh’
President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Rubana Huq has said the payment system for RMG workers' wages will soon be digitized.
She stated this at an event "Creating a Business Case for MFS-Based Wage Digitization in the RMG Sector," organized by the International Finance Corporation (IFC) in Dhaka on Tuesday.
The BGMEA chief said: "RMG workers will receive their wages under the digitized system. We are going to sign a memorandum of understanding with the ICT Ministry on June 27 to introduce a mobile banking system for workers.”
She said the aim of digitizing the payment method is to fulfill the government's goal of a “cashless Bangladesh,” reports UNB.
Rubana also urged Bangladesh's mobile financial service providers like—bKash—to come forward to join the E-Wallet for RMG Workers platform.
"Our main goal is to build a digital Bangladesh. So, we hope our goal will be implemented overcoming all bureaucratic complexities," she said.
The BGMEA president also said that now, their main challenge is to implement the wage digitization process at all the garment factories.
Ananya Wahid Kader, senior financial sector specialist of IFC; Shwapna Bhowmick, country manager of Bangladesh and Myanmar of Marks and Spencer; Sharif Almas Rahman, Director of Stylecraft Ltd; and Mid Sajjadur Rahman Mridha, chairman of ABA Group, were also present at the program.
Additionally, Mizanur Rashid, chief commercial officer of bKash, and Takreem Riwan Siddiqui, consultant of IFC, spoke at the event; while Nuzhat Anwar, acting country manager of Bangladesh, Bhutan and Nepal of IFC, gave the opening remarks.