Dhaka, May 5 -- Bangladesh witnessed a robust 28.33 percent year-on-year growth in remittance inflows during the first ten months of the current fiscal year (FY2024-25), with expatriates sending home $24.54 billion between July and April, according to the latest data from Bangladesh Bank.
This compares to $19.12 billion received during the same period in the previous fiscal year.
In April alone, the country received $2.75 billion in remittances - a 34.6 percent increase compared to the same month last year.
The April surge follows a record-breaking inflow of $3.29 billion in March, largely driven by heightened remittances ahead of Eid-ul-Fitr.
Despite an initial 3.2 percent decline in July, amid political unrest and anti-government de...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.