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PM asks expats to shun hundi in remittances

Prime Minister Sheikh Hasina on Wednesday asked the expatriate Bangladeshis not to send money home through the hundi, a cross-border money transfer method that bypasses the legal banking system.

“I would like to request those who use hundi to stop it and instead send the money directly through banking channels,” she said at a meeting with the leaders of the Awami League’s different overseas chapters including the USA and the UK ones at her office. 

The premier said the government is now setting up 100 economic zones in the country and the expatriates can make investment under joint-venture there. 

“Those who want to do business can make investments there. If anyone (expat) can bring foreign partners (from various countries of the world) to invest here, it would be better,” she said. 

Expressing satisfaction over new investments coming to Bangladesh, she said the inflow of foreign funds in the country is good as the foreign investors consider Bangladesh as a good destination.

Talking about the global crisis induced by the Russia-Ukraine war, Hasina said her government won’t let the people suffer from the food shortage. 

“So, we’re purchasing food from anywhere in the world, and spending money whatever is required. We’re facing some problems because of the Ukraine war….. We will not let the people suffer,” she said, adding that the inflation rate is showing a decreasing trend in the country. 

She, however, expressed satisfaction over production of the Aman paddy and said that it has been a bumper yield this year. Now everyone is now busy planting Boro paddy and the stock of fertilizer is satisfactory, she added. 

The PM said her government has already reached electricity to every house and allowed people to install small solar panels particularly for irrigation.

The Prime Minister said the inflation rate is showing a decreasing trend in the country despite the fact that the inflation rate across the globe has increased due to the global economic recession.

Expressing satisfaction over the production of the Aman paddy, Sheikh Hasina said that the Aman Paddy harvest was good enough while farmers are now busy planting Boro paddy and the stock of fertiliser is satisfactory.

The Prime Minister said her government has been working to bring every person under the housing scheme following the footprints of Father of the Nation Bangabandhu Sheikh Mujibur Rahman to make sure that none will remain homeless and landless across the country.

She said the police, armed forces and others have joined hands with the government to provide shelter to the homeless and landless people.

 The Prime Minister said all, including the government officials, have been working well to march the country forward towards prosperity.

She said her government has already reached electricity to every house and allowed people to install small solar panels, particularly for irrigation.

The Prime Minister recalled the contribution of the expatriates during any need or disaster in the country.

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