ILO praises RMG’s contribution to Bangladesh economy

The International Labour Organisation has appreciated ready-made garment sector of Bangladesh for its contribution to country’s economy. The ILO, in its report titled ‘World Employment and Social Outlook – Trends 2015 (WESO)’, stated that Bangladesh had been able to maintain robust economic growth rates in recent years due to strong growth in exports driven by the garment industry. The report also attributed the growth to the remittance from overseas workers saying that Bangladesh economy had grown around 6 per cent for an extended period due to sturdy domestic demand fuelled by the remittance inflows.