DalalErMaNodi
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- May 12, 2020
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To know about Bangladeshi consumption you only need to visit Kolkata. In a normal year, 60% of their retail sales come from Bangladeshi tourists, that must be around 40-50% of the state GDP of West Bengal. A lot are often smuggled into Bangladesh. The differences between the dietary habits of the neighboring Indian states and Bangladesh also speak a lot.
Although there is much emphasis on export, the real growth generator for Bangladesh is the service sector where the retail sector is the key. This year Bangladesh has been saved by the remittances sent by the expatriates, likely to be the highest in the country's history in the fiscal end.
Not just 'likely', rather it's written in stone already, there has been a 15 - 20% increase in remittances each month since April, year on year.
Our Expat brothers have saved the government a whole lot of trouble, that and our hard working garments workers.
@idune expats workers and garment workers (mostly women) provided the buffer between the Covid onslaught and the economy, are all remitting expats and garments workers dalals of BAL ?