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Expatriates warned of ‘remittance shutdown’ if Dr. Yunus resigns

Dr. Yunus resigns

The country’s expatriates from Bangladesh have threatened that if Nobel Peace Prize laureate Dr. Muhammad Yunus were forced to resign, remittances into the country would be stopped as a protest against unfair treatment given to Dr. Yunus and to migrant workers.

A group of expatriates—Khaled Saifullah, Mir Rajib, Mizanur Rahman, Yasin Apurbo, Naeem, and Mainuddin—tried to meet Dr. Yunus to put their problems before him. They want the government to extend financial support and aid to those migrant workers who were affected by the July Revolution demonstrations. They are calling for greater protection for all migrant workers.

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These expats feel Dr. Yunus is an honorable man who always speaks up for poor and vulnerable people. They find it unfair if he is forced to step down, and if this goes on, they would go to extremes like stopping remittance transfers from Bangladesh

The remittances are an important source of revenues for Bangladesh. Were their huge numbers to abstain from remitting, this would impact negatively on the economy of the country. A previous such boycott already strained Bangladesh’s foreign exchange reserves.

So far, the government has not responded to their warning.

Source: Daily Janakantha

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