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Bangladesh is looking for a new labor market in Oman - English.DailyProbash.com
November 28, 2023, 2:03 am

Bangladesh is looking for a new labor market in Oman

  • Update Time : Monday, May 9, 2022
  • 67 Time View
According to the IMF’s World Economic Outlook report released in April, Oman’s GDP grew by 5.6 percent year-on-year. The rise in crude oil prices and the control of the Corona epidemic have had a positive impact on the country’s economy. The overall investment climate in the country is also slowly improving. Therefore, it is hoped that the current GDP in Oman will be able to increase further.

A senior official at the Bangladesh Embassy in Oman said Bangladesh was working to develop the labor market in Oman this year. Bangladesh is trying to find a new labor market in Oman as the situation in Oman is better than the previous year in the current financial year among several Gulf countries.

According to the Bureau of Manpower, Employment and Training (BMET), about 3 lakh 22 thousand 573 workers from Bangladesh have gone to different countries of the world in the current financial year. Among them a significant number of workers have gone to Oman. The number of workers exporting to the country is increasing day by day. In the first three months of this year, the number of labor exports increased by about 12.90 per cent over the previous financial year, according to BMET.

The World Bank has said that Oman’s GDP will grow by five percent this year. Oman’s average annual inflation was 1.5 percent last year, up from 3.6 percent this year. It is expected to drop to 2.2 percent next year.

Bangladesh is looking for a new labor market in Oman

Oman is going to be an important labor market for expatriate Bangladeshis, said Mausumi Rahman, Deputy Head of the Oman Embassy. As the Gulf nation embarked on a number of development projects, its economy continued to grow this yea

Citing Omani policy-makers and top business leaders, Mousumi Rahman said Bangladeshis living in Oman have played a significant role in the country’s development process in the past year. At present more than six lakh Bangladeshi expatriates are living in Oman. Who are working in different sectors of the country. The Gulf economy is back on track. He also said that 2022 could be profitable for Bangladeshis in

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