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The World Financial institution (WB) says Bangladesh ranks seventh among the many prime 10 nations by way of expatriate earnings in 2021.
The highest six nations by way of expatriate earnings are — India, Mexico, China, Philippines, Egypt and Pakistan.
Bangladesh ranks after India and Pakistan amongst 8 nations in South Asia.
The WB’s “Migration and Growth” report on the expatriate earnings of low- and middle-income nations, launched on Tuesday, forecasts this.
In line with the report, in 2021, the expatriate earnings in Bangladesh has elevated by solely 2.2 p.c ($22 billion). By the tip of this yr, the expansion price of expatriate earnings is more likely to be 2 p.c.
The report added that the expansion was primarily attributable to “authorities incentives” and “remittances to households” within the nation. At the start of final Ramadan (March), the expansion of expatriate earnings within the nation has decreased within the final 6 months aside from a 24 p.c bounce.
It was additionally knowledgeable that the expansion price of expatriate earnings will come right down to 2 p.c by the tip of this yr.
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