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PM: Expats from Bangladesh doubled in 4 years

  • Published at 10:36 pm February 20th, 2019
Prime Minister Sheikh Hasina speaks at an interaction with expatriate Bangladeshis at the Bangladesh embassy in Abu Dhabi, United Arab Emirates on February 19, 2019 Focus Bangla

She, however, said the increase has not positively reflected in remittances to the country

Prime Minister Sheikh Hasina has said the number Bangladeshis living overseas for employment has doubled in the past four years.

She, however, said the increase has not positively reflected in remittances to the country.

In an interview with the Gulf News in Abu Dhabi on Tuesday, Sheikh Hasina said: “Considering the number of overseas employment, it shows that the [changed] situation of Gulf economies did not affect the number of overseas employment of Bangladeshi workers.

“In the Bangladeshi financial year 2014-2015, a total of 453,398 Bangladeshis got overseas employment and in the financial year 2017-2018 it became almost double – over 867,128.”

She added: “Of around 10 million Non-Resident Bangladeshis (NRBs), around five million are in the Middle East, including an estimated 700,000 in the UAE, and two million in Malaysia.”

According to the figures provided by the prime minister during the interview, the increase in number of overseas workers has not positively reflected in the overall remittances to Bangladesh during the same period.

In 2014-15, the total inward remittance was $15,316 million, which dropped to $14,931 million in 2015-16 and to $12,769 million in 2016-17, The Gulf News reported quoting the Bangladeshi prime minister.

“But the situation improved in 2017-18 with a total remittance of $14981 million due to some policy measures taken by the government to use formal channels. The trend of this year is robust - $9087 million in 7 months. Hopefully it will cross $15000 million at the end of the fiscal year,” Sheikh Hasina told the United Arab Emirates (UAE) based newspaper.

Prime Minister Sheikh Hasina returned home on Wednesday, wrapping up her week-long visit to Germany and the UAE.