Remittance inflow blocked, families need credit support

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Business Desk :
The migrant Bangladeshi workers have become unable to send remittance money since last week due to shut down of banking in many countries particularly in middle-eastern countries.
This has made very difficult for their family members living mostly in rural areas to maintain their livelihood, said Bangladesh Journalists’ Foundation for Consumers and Investors (BJFCI), a non-profit platform of senior journalists of leading dailies.
Expressing grave concern, the organization said that the situation is terrible most for women migrant workers as most of them migrated leaving their old parents and small children at their native homes or rental houses in metro areas who are fully dependent on their remittance money.
To support these people in these troubled days, BJFCI urges the government to allocate interim credit at low rates under a Special Credit Programme (SCP) to these migrant workers who are fighting in the external fronts of the economy under a special credit programmes. Under the SCP credit programme, Bangladesh missions abroad will send online the list of migrant workers who need credits and banks will disbuse the credit at low interest rates to the families through MFS channels.
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