For decades, remittance inflows have been the stabilizer of our economy - propping up reserves, easing current account deficits, and cushioning shocks when other sectors falter. With graduation meaning reduced access to trade preferences and concessional financing, remittances must evolve from a lifeline into a lever for long-term growth. This will not be possible without diversifying the skills of migrant workers, and transitioning away from low-wage labour migration. As LDC graduation approaches, the challenge is to honour the sacrifices made by our migrant workers by turning remittance into a driver of positive economic change, ensuring that the hard-earned billions sent home not only sustain livelihoods but help create a better Bangladesh. Without such planning, renewable sources will remain inadequate and unable to make any significant dent in our reliance on gas and coal for power generation.
