Thursday 12 November 2009

Dhaka 8th largest remittance earner in developing world

A Z M Anas

Bangladesh became the eighth largest remittance earner in the developing world last year as it showed resilience in the face of stinging global recession, according to the latest World Bank data.

The Development Prospect Group of the bank, in a revised estimate, said that the country's remittance flow amounted to US$9.0 billion in 2008, catapulting it into the league of top 10 recipients as Bangladesh edged out Egypt and Vietnam. Read more

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