During the fiscal year (2022-23) 10.74 lakh workers migrated abroad for employment, marking a 15.59% increase compared to the previous fiscal year. The Expatriates’ Welfare Minister revealed this information in response to parliamentary questions. The government plans to sign agreements with new countries, including Libya, Malta, Albania, Romania, and Serbia, for manpower export.
Additionally, the establishment of the Expatriate Welfare Bank has provided loans totaling Tk2,081 crore to around 1.14 lakh expatriate workers for migration purposes. In the tea industry, domestic demand has grown, resulting in less tea available for export. To boost tea exports, the government and the tea board are focusing on increasing the production of quality tea. Bangladesh has trade missions in 23 cities across 21 countries, with plans for more missions in the near future, including in Brazil, Turkey, Mexico City, Africa, Indonesia, and Thailand.
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