Outsourcing can significantly contribute to economy: Atiur

‘Freelancers emerging as vital forex earners’

News - Outsourcing can significantly contribute to economy: Atiur
Bangladesh Bank governor Dr Atiur Rahman on Sunday said outsourcing, including apps (applications) development, can significantly contribute to the economy, particularly the incoming remittance.

“We’re aware of the fact that freelancers are still facing problems in receiving their earnings from abroad. Bangladesh Bank has already taken necessary measures to invite online payment networks to work in Bangladesh such as Payza, PayPal,” he said.
The BB governor was addressing a seminar on ‘Apps Development: Challenges and Opportunities’ at the Bangladesh Computer Council.

The central bank chief also said freelancers now can receive up to US$2,000 per transaction from abroad against their services.

He said the seminar is of immense importance at a time when freelancers are gradually emerging as important foreign exchange earners for Bangladesh.

“And quite naturally, they deserve our attention and full support. Freelancing is becoming popular, and we need to provide better environment in terms of technology infrastructure and framework for remittance inflow for the young energetic, self-employed, skilled workforce of the country,” Atiur said.

ICT Minister Mostafa Faruq Mohammad presided over the seminar arranged by the ICT Ministry.

Atiur said the government is working to improve power supply; BTRC has already deployed two companies for WiMAX broadband internet connectivity and recently planned to permit more WiMAX broadband internet service providers.

Intranet bandwidth service charges have been reduced (15-35pc) since April 2013 by BTCL, he added.

The central bank governor also mentioned that the Bank has just issued a circular to purchase goods and services through online amounting to US$1,000 a year.

“In addition to unspent travel quota, each transaction will have to be less than US$100. The authorised dealer will facilitate the use of International Credit Card for settling these transactions.”

In particular, Atiur said, the younger generation will get the maximum benefit out of this arrangement.

Source: UNB Connect