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Dynamics of Remittance Utilization in Bangladesh

image of Dynamics of Remittance Utilization in Bangladesh

More than 1 million Bangladeshis live permanently outside the country and some 200,000 or more leave the country every year to work elsewhere. Most of these migrants send part of their earnings home on a regular or irregular basis. This report takes Bangladesh as a case study and looks at the importance of remittances for the economic development of the origin countries of migrant communities.

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Acknowledgements

We would like to thank Dr Johan Wets, Research Manager Sustainable Development, HIVA, for his comments and guidance and Mr Shahidul Haque, IOM Regional Representative for South Asia, for his support and contribution while conducting this study. We would also like to thank Nahreen Farjana, Zia Uddin Ahmed and the other staff members of IOM Dhaka MRF for their support during the field work in Dhaka.

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