The chief of the International Organization for Migration (IOM) has highlighted that investing remittances into small and medium enterprises (SMEs) has the potential to create jobs and bolster the local economy. These remarks were made during a mock parliamentary debate event, which also focused on the themes of migrant protection and the importance of productive investment.
Economy
Investing remittances in SMEs can boost jobs and local economy: IOM chief
The IOM chief stated that channeling remittances into small and medium enterprises (SMEs) can generate employment and strengthen the local economy.
Source: TBS Bangladesh