Equipping Migrant Workers with Internationally Recognised Skill-Set
2 Pages Posted: 20 Jun 2019
Date Written: June 12, 2019
Remittances from migrant workers are important for the Bangladesh economy. Workers' remittances are currently the second highest source of foreign currency for our economy. In 2018, the country earned about US$ 15.54 billion in remittances sent by migrant workers and professionals living and working in foreign countries. Migration from Bangladesh started around 1976 with a modest number of 6,078 workers going abroad that year. Presently, Bangladeshis are engaged in overseas employment in more than 100 countries. Since 1976 till April of this year, around 12.42 million Bangladeshi workers have gained employment overseas and are sending money to their families and friends back home. From all the years, 2017 saw the highest migration with 1.008 million Bangladeshi workers migrating to various countries of the world. According to the Bureau of Manpower, Employment and Training, about 49.65 per cent Bangladeshi overseas workers are less skilled, 31.75 per cent are skilled, 15.15 per cent are semi-skilled and only 2.30 per cent of them are professionals. About 11 per cent of the total population of migrant workers living overseas hail from Cumilla, followed by 9.57 per cent from Chattogram, 5.22 per cent from Brahmanbaria, 4.48 per cent from Dhaka and 4.16 per cent from Chandpur. The top destinations for Bangladeshi migrant workers are the Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE), Kuwait, Qatar, Bahrain, Oman, Malaysia, Korea, Singapore and others. As overseas employment has increased over the decades, it has played an important role in the economy of the country in more ways than one.
Keywords: Remittance, Overseas employment, Migration of workers
JEL Classification: F22, O15
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