Monday, November 22, 2010

$10.72 b remittance from migrant wokers in 2009

http://nation.ittefaq.com/issues/2010/01/19/news0501.htm

$10.72 b remittance from migrant wokers in 2009
UNB, Dhaka

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.

He also informed that some 72,210 migrant workers returned home due to various complications but only 1,250 of them carried valid passport.

The BAIRA president hoped that they would be able to export at least 600,000 persons this year, as the labor markets are gradually expanding in the Gulf and middle-east countries. Foreign remittance income for the country will reach at least US $ 11 billion by 2010, he said.

He, however, stressed the need for Public Private Partnership (PPP) initiatives to reach the goal.

Mentioning the recent visit of the government delegation to Libya, Ghulam Mustafa said the labor market is expanding in Libya day by day and there is scope for more Bangladeshi manpower going on employment to Libya.

He put forward a set of recommendations including steps against illegal passport holders, ensuring hassle-free immigration service at the airport, strengthening the labor wings of Bangladesh missions abroad, setting up technical training institutes at upazila level, and ensuring skilled immigration management.

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