Tuesday 19 January 2010

BANGLADESH: $10.72 b remittance from migrant wokers in 2009

The remittances from Bangladesh's migrant workers contributed a record US $ 10.72 billion in 2009 although the country's manpower export declined by 46 percent last year due to global economic meltdown.

President of Bangladesh Association of International Recruitment Agencies (BAIRA) Ghulam Mustafa stated this at a press conference at BAIRA auditorium on Monday morning.

He said: "It's a great achievement and historical event that our migrant workers contributed with a substantial remittance US $ 10.72 billion last year (2009) while the amount was US $ 8.98 billion in 2008."

The BAIRA chief informed that they exported an average of some 398,121 manpower every year over the last 10 years. Despite nearly 46 percent decline in manpower export due to global economic recession, some 475,278 manpower were exported from Bangladesh in 2009, he said. Read more

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