Overseas Employment Sector of Bangladesh
4 Pages Posted: 26 Nov 2016
Date Written: November 19, 2016
Bangladesh received USD 15.31 billion remittance in 2014-15 FY by employing 0.6 million overseas workers. Without consuming Bangladeshi rice, water, gas, electricity or any other facility overseas workers contributed USD 15.31 billion for the country. Most of them are less-skilled, semi-skilled or even unskilled. How many Bangladeshi taka the government provided as cash incentives for them? How much tax government weaved? How many trade delegations went to negotiate with foreign recruiters regarding the welfare of these overseas workers of Bangladesh? How many free trade agreements required be negotiated or signed to promote flow of workers to the destination countries? How many institutes/universities the government has established to increase their skills so that they could earn more money with the same service?
Keywords: Overseas Employment; Migration; Working Abroad; Remittance to Bangladesh; Earning Remittance
JEL Classification: F22; F24
Suggested Citation: Suggested Citation