Global Financial Crisis and it’s Impact on overseas employment and international remittance of Bangladesh

International remittance is an important source of foreign exchange income for the developing countries including Bangladesh. The remittance has become a focal issue in economic literature over two or more decades for its increasing volume and important role in poverty reduction.Global financial crisis started in July 2007, deepened with a collapse in global trade and finance at the end of 2008.Being a global player in the world economy especially in the garments export and wage earners as foreign expatriate, Bangladesh is no exception with this chain reaction. In the miliieu of current global economic slowdown and unprecedented uncertainty,the challenge for the country is to explore domestic market and focuses on some key sectors to robust the growth of the economy.This article presents a brief outline of global financial crisis;its impacts on overseas employment and international remittance inflow of Bangladesh;the government initiatives declared so far to counter the slowdown.