{"id":12777,"date":"2025-09-28T19:02:55","date_gmt":"2025-09-28T15:32:55","guid":{"rendered":"https:\/\/dailyenglishtimes.com\/?p=12777"},"modified":"2025-09-28T19:02:55","modified_gmt":"2025-09-28T15:32:55","slug":"foreign-remittances-were-behind-strengthening-economy-prof-yunus","status":"publish","type":"post","link":"https:\/\/dailyenglishtimes.com\/?p=12777","title":{"rendered":"Foreign remittances were behind strengthening economy: Prof Yunus"},"content":{"rendered":"<p><strong>ET Desk:<\/strong> Lauding the role of non-resident Bangladeshis, Chief Adviser Professor Muhammad Yunus Sunday 28 sep said the remittance of Bangladeshi expatriates saved the country&#8217;s economy after the July uprising.<\/p>\n<p>&#8220;Our economy was at bottom level. Your remittance saved it. Your remittances were behind strengthening our economy,&#8221; he told an event here.<\/p>\n<p>The event titled &#8220;NRB Connect Day: Empowering Global Bangladeshis&#8221; was held at New York Marriott Marquis (1535 Broadway), Manhattan, this afternoon where non-resident Bangladeshis were present.<\/p>\n<p>Speaking on the occasion, Prof Yunus said he is personally very hopeful of Bangladesh.<\/p>\n<p>Highlighting the potential of Bangladesh&#8217;s young people, he said Bangladesh has enough young manpower.<\/p>\n<p>The Chief Adviser asked foreign firms to relocate their factories in Bangladesh to utilise these young human resources and consider Bangladesh a production hub.<\/p>\n<p>Noting the NRBs are now part of Bangladesh, the head of the interim government urged them to come up with their investment and idea in Bangladesh with confidence.<\/p>\n<p>He assured the NBRs that their voting rights would be ensured in the next general elections.<\/p>\n<p>Stressing the need for a regional economy, the Chief Adviser said Nepal, Bhutan and seven sisters of India are land locked as they have no sea.<\/p>\n<p>&#8220;If we open the sea for them, all will be benefited,&#8221; he said, adding if facilities are ensured, all will rush to Bangladesh.<\/p>\n<p>Prof Yunus, the 2006 Nobel Peace Laureate, said they have already talked to many stakeholders to explore the marine potential.<\/p>\n<p>&#8220;Cox&#8217;s Bazar-Matarbari is ready for deep seaport,&#8221; he said, underscoring the need for exploring gas reserved beneath the Bay of Bengal.<\/p>\n<p>At the onset of the event, Executive Chairman of Bangladesh Investment Development Authority (BIDA) Ashik Chowdhury gave an overview on Bangladesh&#8217;s economy.<\/p>\n<p>In his presentation, he said inflation and the country&#8217;s foreign exchange reserve have reached a static level now after taking different steps to recover the economy.<\/p>\n<p>Ashik Chowdhury said foreign direct investment (FDI) has doubled in a year.<\/p>\n<p>He also focused on the role of Bangladeshi expatriates in recovery of the Bangladesh economy after the 2024 mass uprising.<\/p>\n<p>A panel discussion titled &#8220;Harnessing diaspora as a national asset&#8221; was held at the event. The session was moderated by Lutfey Siddiqi, Special Envoy on International Affairs to the Chief Adviser.<\/p>\n<p>Speaking at the session, Law Adviser Dr Asif Nazrul said Bangalee diaspora is the asset of Bangladesh, while they played a big role during the July-August uprising.<\/p>\n<p>Another panel discussion was moderated by Dr Khalilur Rahman, National Security Adviser and High Representative for the Rohingya Issue.<\/p>\n<p>BNP leader Humayun Kabir, Jamaat leader Mohammad Nakibur Rahman and NCP senior joint member secretary Dr Tasnim Jara spoke at the session.<\/p>\n<p>In her speech, Tasnim Jara stressed ensuring involvement of women and youth in building Bangladesh where everybody has stake and voice.<\/p>\n<p>&#8220;When all work together, history is changed. We all together will change history,&#8221; she said.<\/p>\n<p>BNP Secretary General Mirza Fakhrul Islam Alamgir,Jamaat-e-Islami Nayeb-e-Ameer Syeed Abdullah Muhammad Taher and National Citizen Party (NCP) Member Secretary Akhter Hossen also spoke at the event.<\/p>\n<p>The event was filled with engaging segments, including a plenary session, the launch of a new digital app and diaspora engagement.<\/p>\n<p>These sessions provided NRBs with the opportunity to share their perspectives, raise concerns, contribute ideas, and help shape initiatives that strengthen their connection to Bangladesh.<\/p>\n<p>The &#8220;Shubheccha App&#8221; was launched at the event.<\/p>\n<p>The \u2018NRB Connect Day\u2019 was an exclusive gathering designed to bring together a significant number of Non-Resident Bangladeshis representing diverse sectors, including business, academia, healthcare, technology, and social development.<\/p>\n<p>The event provided a platform to explore opportunities in Bangladesh, access citizen services, and strengthen diaspora engagement for sustainable social and economic impact, while also offering NRBs a space to share their experiences, challenges, and ideas directly with policymakers and institutions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ET Desk: Lauding the role of non-resident Bangladeshis, Chief Adviser Professor Muhammad Yunus Sunday 28 sep said the remittance of Bangladeshi expatriates saved the country&#8217;s economy after the July uprising. &#8220;Our economy was at bottom level. Your remittance saved it. Your remittances were behind strengthening our economy,&#8221; he told an event here. The event titled &#8220;NRB Connect Day: Empowering Global Bangladeshis&#8221; was held at New York Marriott Marquis (1535 Broadway), Manhattan, this afternoon where non-resident Bangladeshis were present. Speaking on the occasion, Prof Yunus said he is personally very hopeful<\/p>\n","protected":false},"author":1,"featured_media":12781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3,13],"tags":[],"class_list":["post-12777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bangladesh","category-lead-news"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12777"}],"version-history":[{"count":1,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12777\/revisions"}],"predecessor-version":[{"id":12782,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/posts\/12777\/revisions\/12782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=\/wp\/v2\/media\/12781"}],"wp:attachment":[{"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyenglishtimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}