Wages Earners Welfare Fund Explained

Wages Earners’ Welfare Fund
Formation:	1990
Headquarters:	Dhaka, Bangladesh
Region Served:	Bangladesh
Language:	Bengali

Wages Earners’ Welfare Fund is a Bangladesh government fund that was created for the welfare of migrant workers and financed by mandatory contributions from migrant workers under the Ministry of Expatriates' Welfare and Overseas Employment.^{[1] [2]} It is managed by the Wage Earners' Welfare Board.^[3]

History

Wages Earners’ Welfare Fund was established in 1990 based on the Emigration Ordinance of 1982. Its formation was supported by Promoting Decent Work through Improved Migration Policy and its Application in Bangladesh, a project of International Labour Organization.^{[4] [5] [6]} An audit in 2003 found 390 million taka was embezzled from the fund between 1997 and 2001.^[7] The government uses the fund to repatriate dead migrant workers.^{[8] [9]}

Notes and References

1. News: Palma . Porimol . Manpower market shrunk for policy failure . 8 April 2020 . The Daily Star . 5 November 2005.
2. News: Little is spent on migrants . 8 April 2020 . The Daily Star . 5 March 2017 . en.
3. News: Tk 150m shores up PKB paid-up capital . 8 April 2020 . The Financial Express . en.
4. Web site: Strengthening welfare services for migrant workers . bangladesh.iom.int . 8 April 2020.
5. Web site: Good practice - Review of the Wage Earners' Welfare Fund (WEWF) in Bangladesh . ilo.org . 8 April 2020.
6. Book: Kamiśana . Bangladesh Parikalpanā . The Fifth Five Year Plan, 1997-2002 . 1998 . Planning Commission, Ministry of Planning, Government of the People's Republic of Bangladesh . 556 . en.
7. News: Tk 39cr embezzled from wage earners' welfare fund . 8 April 2020 . The Daily Star . UNB.
8. News: Bodies of four Bangladeshi workers arrive from S Arabia . 8 April 2020 . The Daily Star . 5 March 2008 . en.
9. News: Govt to bear repatriation of 10 corpses from Bahrain . 8 April 2020 . The Daily Star . 29 May 2012 . en.