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June 04, 2025

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WEDNESDAY, JUNE 04, 2025
Expatriates' remittance helps Bangladesh make turnaround: CA

Bangladesh

BSS
30 May, 2025, 09:10 pm
Last modified: 30 May, 2025, 09:17 pm

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Expatriates' remittance helps Bangladesh make turnaround: CA

The chief adviser asked them to take initiatives to increase business in Bangladesh

BSS
30 May, 2025, 09:10 pm
Last modified: 30 May, 2025, 09:17 pm
Chief Adviser Professor Muhammad Yunus speaks at a community reception at the Bangladesh Embassy in Tokyo on 30 May 2025. Photo: PID
Chief Adviser Professor Muhammad Yunus speaks at a community reception at the Bangladesh Embassy in Tokyo on 30 May 2025. Photo: PID

Recalling the contribution of Bangladeshi expatriates to nation building, Chief Adviser Muhammad Yunus today (30 May) said the expatriates help Bangladesh make a turnaround from ruins.

"It is the expatriates who help sustain the country [by sending their remittances in hard time]," he said while speaking at a community reception at the Bangladesh Embassy in Tokyo.

Yunus said the ousted government left the state exchequer and banks empty and if the expatriates had not supported, Bangladesh would not have turned around.

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He said the interim government will, of course, perform the responsibilities bestowed upon it but the participation of the Bangladesh expatriates should be strengthened in nation-building. 

The chief adviser asked them to take initiatives to increase business in Bangladesh. 

"As a citizen, you must take responsibility for the state's repair," he said.

The expatriates have relatives and friends in Banglades,h and they have businesses there too and that is why they often visit the country, Prof Yunus said.

"So, overall we have to work together ... you should increase your influence on the Japan government," he said. 

On the occasion, three exchange of notes were signed later, respectively on the Development Policy Loan for Economic Reform and Strengthening Climate Change Resilience ($418 million), the Loan for the Joydebpur-Ishwardi dual-gauge double-lane railway project ($641 million) and the grant for the human development scholarship ($4.2 million).

Bangladesh Ambassador to Japan Md Daud Ali and Japanese Ambassador to Bangladesh Shinichi Saida signed the agreements on behalf of their respective sides.

Yunus witnessed the signing of the exchange of notes.

Later, he joined a dinner hosted in his honour by the Bangladesh ambassador to Japan.

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Expatriates / Japan / Chief Adviser Muhammad Yunus

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