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Migration News Wage Earners Contribution to Rural Development of Bangladesh

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WAGE EARNERS CONTRIBUTION TO RURAL DEVELOPMENT OF
BANGLADESH

Wage Earners Contribution to Rural
Development of Bangladesh
Jul. 04, 2020
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Aminul Hoque Tushar

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Bangladesh has received remittance of more than US $18
billion in 2019, according to central bank, where the lions share
were
of temporary Bangladeshi migrant workers. The
Bangladeshi migrants work in more than 173 countries
worldwide. This remittance has become a critical means of
financial support for generations, which worth much comparing
with the Foreign Direct Investment (FDI) and income from
Readymade Garments (RGM).Though the importance of
remittances to poverty alleviation is obvious, yet the potential
multiplier effect on economic growth and business investment
has to address.
https://migrationnewsbd.com/news/view/32315/54/Wage-Earners-Contribution-to-Rural-Development-of-Bangladesh

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