Bangladesh received inward remittances worth over USD $1008.67 million (1,000 million = 1 billion) in the first 15 days of September, amid the forex crisis in the country. Bankers said remittance inflow shows an upward trend as the remitters are encouraged by the depreciation of taka and they get more than Tk 108 per dollar. The remittance inflow is expected to cross $2 billion in September. Read: Uniform rate: Tk 108/dollar max for remittance, Tk 99/dollar for export income from tomorrow Bangladesh received remittances of $2.09 billion in July and $2.03 billion in August, which became a blessing amidst forex crisis. Md Serajul Islam, executive director and spokesperson of Bangladesh Bank told UNB that the central bank has simplified various processes to attract more remittance through banking channels. The government is also extending remittance incentives as well as providing policy support. Now the dollar rate is getting higher, he said. Read: Hope amidst forex crisis: Bangladesh received $2.03bn remittance in Aug The sector insiders said that Bangladesh’s inward remittance flow will grow more as manpower export hit a new high in the past fiscal on a post-pandemic rebound of the overseas job market. The data of the Bureau of Manpower Employment and Training (BMET) showed over 9.88 lakh workers had gone abroad in the fiscal year FY22 while this figure was 2.71 lakh in FY 21. This happens to be the highest number of annual overseas jobs in the last seven years. Read How to safely send remittance to Bangladesh? It is also contributing to growing up the inward remittance flow in Bangladesh.

The  Bureau of Manpower Employment and Training (BMET) has undertaken an exceptional endeavour to provide over 200 bicycles to students in the flood-hit areas of the country including Sylhet instead of providing them traditional relief materials.  As part of the programme, BMET Director General (Additional Secretary) Shahidul Alam today (Tuesday) distributed 104 bicycles, helmets and T-shirts among students of six educational institutions and technical training centers including Technical Training Center (TTC), Sylhet, and Goainghat Imran Ahmad Girls' School and College.  The BMET has taken the initiative to provide 220 bicycles, helmets, and T-shirts among the underprivileged students of nine educational institutions and training centers in the flood-affected areas including Sylhet, Sunamganj, Kishoreganj, Kurigram, Netrokona and Gaibandha districts with money collected from one day's salary of BMET officials and employees. Among the students, 120 are male and 100 are female.  Read: Bicycle Price in Bangladesh with Buyers' Guide During the distribution of bicycles at Sylhet TTC, Deputy Commissioner of Sylhet Mojibur Rahman, BMET Deputy Director Rafiqul Islam, Assistant Director Kamrul Hossain, Sylhet Women TTC Principal, Goainghat Government College Fazlul Haque and other senior officials were present.  Sheikh Mohammad Nahid Niaz, Principal of Sylhet Technical Training Center presided over the function, says a press release on Tuesday evening.  Speaking at the function, BMET Director General Shahidul Alam said the initiative of free bicycle distribution has been taken as an alternative to relief to encourage skills and developmental training as a tool for sustainable development.  He said the bicycle will be a symbol of speed, good health, and success. The participation and contribution of those who can afford it can easily bring the society towards development.  BMET sources said, one day's salary of BMET officials amounting to Tk 2000,000 (twenty lakh)  was collected last June for distribution of relief among flood-affected people. As the flood situation, in the meantime, improved, the authorities decided to distribute bicycles among the underprivileged students as an alternative to speed up their lives.  The bicycles were provided under the banner of JanoShakti Krira O Sangskritik Forum, an entertainment organization for BMET officials.  The remaining bicycles are scheduled to be handed over on September 16. 

As labour migration saw a fall in 2019, the government is planning to send more workers abroad in 2020 since some closed labour markets are expected to reopen this year.

Despite increased inflow of remittance in 2019, labour migration from Bangladesh has declined by about 10 percent compared to the previous year, says a new study.