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The Financial Express

Manpower agencies to get 50pc security money

| Updated: May 05, 2020 21:46:02


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The Ministry of Expatriates' Welfare and Overseas Employment (MEWOE) has decided to return 50 per cent of the security money to manpower recruiting agencies on condition to meet current crisis caused by coronavirus pandemic.

The security money is kept by the Bureau of Manpower Employment and Training (BMET) from the manpower recruiters while giving recruiting licenses to them.

To this effect, the ministry has issued an order. It asked the BMET director general to take necessary action in this regard, said a press release sent by the ministry.

The recruiters -- whose licenses remained cancelled and security money confiscated by the authorities -- will not be entitled for this fund.

The decision was taken by the ministry following the request of Bangladesh Association of International Recruiting Agencies (BAIRA).

The apex body of manpower recruitment agencies, in its formal application, mentioned that recruiters cannot pay their office rent and employee salaries as their businesses remained closed due to imposing travel ban by all destination countries to control the novel coronavirus spread.

Currently, more than 1,000 manpower recruiting agencies are actively running under the BAIRA.

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