Dhaka, Aug. 3 -- Bangladesh's economy continues to lean heavily on the flow of remittances from migrant workers, a key driver for foreign reserves, debt repayments and import payments.
In the past six months, the country has enjoyed a strong remittance windfall. Yet economists and migration experts remain uncertain about the long-term sustainability of this reliance.
According to Bangladesh Bank, over USD 30 billion in remittances were sent to the country during the 2023-24 fiscal year, averaging USD 2.5 billion per month.
In March alone, Bangladesh recorded a historic peak of USD 3 billion, marking the highest monthly inflow of remittances in its history. These figures show steady progress when compared to previous years.
Despite thi...
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