Families need ‘credit rating support due to remittance inflow halted’
An organization features expressed grave concern that migrant Bangladeshi personnel, particularly in Middle Eastern countries, cannot send remittance due to shut down of banks following outbreak of COVID-19.
This has made very difficult for their members of the family living mostly in rural areas to maintain their livelihood, according to a press statement issued on Saturday by Bangladesh Journalists’ Foundation for Consumers and Investors (BJFCI).
BJFCI likewise urged the federal government to allocate interim credit at low prices under a particular credit programme to greatly help these migrant staff, who are actually passing very difficult days.
Under the credit program, Bangladesh missions abroad can send out online the set of migrant workers, who need credits and banks can disburse the credit at low interest levels through MFS (mobile monetary services) channels, the assertion added.
BJFCI observed the government through its missions may also introduce a special remittance delivery program through digital payment systems for migrant workers found in collaboration with global remittance companies to remit a restricted amount of money.
Migrant workers in different countries including Saudi Arabia and UAE are actually stranded as the governments enforced the country-wide lockdowns after the outbreak of novel coronavirus.
All banks, remittance providers and office buildings are closed down, avoiding the personnel from sending money house.
Regarding to Bureau of Manpower Career and Training (BMET), the full total amount of Bangladeshi workers in 168 countries is almost 12 million including 600,000 female personnel in Saudi Arabia only.
Source: www.theindependentbd.com
