News wire article from our research archive:
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Inflow of remittance is key source of Bangladesh's foreign exchange earning
- Article from:
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Xinhua News Agency
- Article date:
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July 10, 2008
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Copyright informationCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Inflow of remittance is key source of Bangladesh's foreign
exchange earning
DHAKA, July 10 (Xinhua) -- Remittance from around 5.6 million
expatriate Bangladeshis, living and working in more than 100 foreign
nations, is the net highest foreign exchange earner for the country,
said a top government official here on Thursday.
"Remittance is the net highest foreign exchange earner, not the
ready-made garment (RMG)," central bank governor Salehuddin Ahmed
said, adding that the RMG sector is certainly earning huge foreign
exchange, but the RMG owners have to pay a certain portion of such
earnings on imports.
Ahmed said expatriate workers are contributing ...
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