AppId is over the quota

"Remittance constitutes ten percent of Bangladesh's total foreign currency earnings, which is also five times more than foreign assistance. In last year, a total of $ 11.4 billion came from the expatriates. So the government and Bangladesh Bank should keep a close watch on the remittance sending process," he said at a 'remittance fair' at Bangabandhu International Conference Centre on Wednesday.
He also proposed to announce 2012 as the 'Year of expatriates'.
The day-long fair was organised by Refugee and Migratory Movements Research Unit (RMMRU).
Wahiduddin Mahmud also said that the government does not take any initiatives for the benefit of non-resident Bangladeshis, even though they have a huge contribution in the development of the country.
Bangladesh Bank deputy governor Ziaul Hassan Siddiqui said steps to solve different problems related to expatriates would be taken after a discussion meeting with representatives from different banks on Oct 30.
"Steps should be taken so that the banks process remittance related issues in the shortest possible time," he added.
bdnews24.com/aha/mrh/tk/1339h
Source: bdnews24.com
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