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Manpower export hits new high

The Financial Express, Bangladesh, 14 July 2022 - Bangladesh's manpower export hit a new high in the past fiscal on post-pandemic rebound of the overseas job market as nearly a million found employment abroad following good demand for Bangladeshi workers.

Sources painted such a sound picture of the country's wage-earner sector-a main source of its foreign-exchange reserves-as data available with the Bureau of Manpower Employment and Training (BMET) showed a total of 988,112 workers having gone abroad in the fiscal year (FY) 2021-22.

This happens to be the highest number of annual overseas jobs in the last seven years.

Officials hope the outflow of workers would increase in the current fiscal year as Malaysia is going to restart hiring manpower from the country, following a negotiated deal.

The statistics showed that a low number of 271,445 workers found jobs in FY2020-2021 in the pandemic prime time while 498,983 in 2019-2020, 659,044 in 2018-19, 866,417 in 2017-2018, 893,736 in 2016-2017, and 672,721 in 2015-2016.

Talking to the FE, Md Shahidul Alam, director-general of the BMET, said they had a target of sending 400,000 workers abroad in the last fiscal. But they finally could send about 1.0 million workers.

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Source: https://thefinancialexpress.com.bd/economy/manpower-export-hits-new-high-1657772195

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