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The government does not want to accept the country's labour migration and remittance sector as a 'priority' sector, Barrister Shameem Haider Patwary, chairperson of Bangladesh Parliamentarians' Caucus on Migration and Development, said today
For the second month in a row, more migrant workers have headed to Malaysia than Saudi Arabia for employment, making the Southeast Asian country a much sought-after destination.
The government has not come up with any new measure in the proposed national budget to encourage remitters despite a sluggish growth in remittance inflow in the outgoing fiscal year.
Despite sending well over a million migrants abroad last year, Bangladesh is unlikely to get the desired remittance from them as almost four out of five of them were less skilled.
Workers rely heavily on Hundi, a black market method that offers better exchange rates, for money transfers.