Investor Presentaiton
Independent Review of
RBD
Bangladesh's Development
Remittance Flows Have Been Declining, But
Expected to Catch Up
The high number of people joining overseas job markets should be
reflected in the remittance flow in FY2022-23. In the July-April of FY21-
22 about 7.99 lac people have gone to various countries in middle east.
Comparable figures for FY2019-20 and FY2020-21 were 5.31 lac and 2.17
lac.
Special attention should be given to new employment opportunities in
post-pandemic Malaysia and Singapore job markets.
In view of the steps taken by the Bangladesh Bank (floating exchange
rate) and the incentive, and the rising number of migrant workers
joining overseas job market, remittance flows should approximate the
spike of FY2020-21 in FY2022-23.
CPD (2022): State of the Bangladesh Economy in FY2021-22 (Third Reading)
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