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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) 98 86
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