Banling in Bangladesh

Developing an Effective Channel for Increasing abroad remission of sin in Bangladesh Developing an Effective Channel for Increasing strange Remittance in Bangladesh 1. Introduction Bangladesh is a labor extravagance agricultural. It has an reward of exporting manpower. Manpower export and migrant workers second gear an grave role in our frugality. Millions of Bangladeshi nationals are engaged in a variety of professions in reputed organizations all all over the world. Their expertness and professional acumen have earned Bangladesh not al mavin fame and prestige but also hard currency change the backb oneness of our economy. Expatriate Bangladeshis are back up to develop the economy of the sylvan by sending strange remittance to their relatives and donee in our country. Foreign remittance when comes by dint of with(predicate) official channel, it laughingstock contribute for the wellbeing of the economy. Foreign remi ttance is also stack away through informal channel, which is called hundi. Migration, through the impact of remittances, is an integral percent of the processes of development and globalization- with a potentially important role to play in the alleviation of poverty.

inflow of remittance supports our macroeconomic stability, improves equilibrise of payment and increases foreign exchange. inner foreign remittance is one of major sources of the foreign currency reserve of the country. 2. Problem with the justification world(prenominal) remittances are defined as the portion of migrant workers dinero sent back from the country of employment to the country of declivity ! (ILO, 2000).Expatriate Bangladeshi who are animation outside of our country, sends money in two channels one is official channel and some other one is unofficial channel. Remittance can impact positively to the economy of the country when it is send through official or banking channel. Bangladeshi nationals aliment abroad are to remit their hard earned nest egg through banking channels, but not...If you want to take on a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay