State Minister for Foreign Affairs Md Shahriar Alam has urged the British-Bangladeshis to send remittances through the legal route.
"The money sent by the expatriates in Bangladesh will be protected and there is an opportunity to earn more profits than other countries through savings and investment, including government incentives from this money,” he said while speaking as the chief guest at the remittance fair organized by the Bangladesh High Commission in London for on Tuesday (March 14), according to a press release.
This fair was organized for the first time.
"Some quarters are spreading baseless propaganda through various means that sending money to Bangladesh is risky. Bangladesh's economy is currently not at risk,” said the junior minister.
“Citing the stability of Bangladesh’s economy, various international organizations, including the International Monetary Fund, have said the country will become the 31st economy in the world by 2030.
Under the leadership of Prime Minister Sheikh Hasina, Bangladesh still maintains its position as one of the fastest growing economies in the world, facing the Covid-19 pandemic and war situation,” he said.
Shahriar urged the expatriates to play a special role in building a smart Bangladesh announced by the prime minister by sending more remittances through the legal route without being misled by any kind of non-corruption and advised the charities to register in Bangladesh and send money from the UK through the legal channel, said the release.
"At present, the UK is the fourth country to send remittances to Bangladesh. This position could be elevated in the future if the British-Bangladeshis send more money to the country through legal means,” he said.
On the occasion, the state minister assured to consider these proposals when the representatives of various organizations sending remittances presented various proposals to take encouraging steps including special incentives for them, added the release.
The delegates of various organizations sending remittances raised various proposals to take encouraging steps, including special incentives for them. The state minister assured to consider this.
Bangladesh High Commissioner to the UK Saida Muna Tasneem delivered the welcome address.