Saturday, 21 April 2007

Bangladesh eyes $10 bln remittances by 2010

Sun Apr 15, 2007 12:28 PM IST160

DHAKA (Reuters) - Bangladesh expects expatriate workers to send home $5.5 billion in the year to end-June, a figure that could almost double to $10 billion a year in the next three years, a senior central bank official said on Sunday.

"It's not unlikely that remittances inflow could reach $10 billion over the next three years," Bangladesh Bank's Deputy Governor Allah Malik Kazemi told Reuters,

Remittances rose by more than a quarter, to $4.36 billion, in July-March, the first nine months of the fiscal year, central bank officials said. [Read more]

1 comment:

  1. Diaspora Journey is a nice place to visit where one can come to know to something new on remittance and the diaspora activities. Besides news, would like to see more exclusive/in-depth write up on remittance, expatriates and migration with sp.reference to Bangladesh.
    Thanks.
    Bikash Chowdhury Barua
    President
    BASUG (Bangladesh Support Group)
    www.basug.nl

    ReplyDelete