Staff Reporter | Dhaka | Sunday, September 7, 2025
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emittance from expatriate workers is one of Bangladesh’s largest sources of foreign currency. However, recent economic crises in the Middle East and other countries are putting pressure on expatriates’ earnings, raising concerns about the flow of remittances into the country.
Economists warn that if expatriate incomes drop and employment opportunities shrink, the supply of foreign currency will decrease. This could strain dollar reserves, drive inflation higher, and destabilize the economy.
According to Bangladesh Bank data, nearly 60% of the country’s total remittance comes from the Middle East. Experts note that relying solely on this region is risky. Expanding to alternative labor markets and exporting more skilled manpower is now considered essential.
Economist Dr. Abul Kashem commented, “Given the risks in the Middle Eastern markets, Bangladesh needs to diversify its labor markets. Otherwise, the risk of reduced foreign income will increase.”
