Dhaka, July 12 -- time high of US$30.32 billion in remittance inflows in the 2024-25 fiscal year, reflecting a 26.8% year-on-year jump, due to some government measures including higher cash incentives, streamlined regulations, and efforts to boost formal transfer channels.

According to the Finance Division's medium-term macroeconomic policy statement, the unprecedented rise in remittance inflows-peaking at US$3.29 billion in March 2025-was largely driven by policy interventions such as an enhanced 2.5 percent cash incentive, simplified regulatory processes, and formal recognition of remitters' contributions.

The government has also taken visible steps to improve the experience of overseas workers, it said.

In November 2024, it inaugura...