Premium
A power loom owner stands in his factory in Bhiwandi, that has come to a halt due to demonetisation. Photo: Sanjay Jog
Last Updated : Feb 03 2017 | 9:57 PM IST
Remittances by migrant workers play a big role in Bangladesh’s economy.
The Economist reported that remittances by migrant workers’ accounts for as much as 10 per cent of Bangladesh’s GDP. Data released by the Central Bank of Bangladesh shows that in 2015-16, the country received almost $15 billion in remittances from overseas workers. Between July and January 2016-17, the country received almost half the amount.
What Bangladeshis sent home from abroad |
Month |
Remittance |
July |
1,005.51 |
August |
1,183.61 |
September |