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The Financial Express

Bangladesh's remittance earnings rise 35pc in July-March

| Updated: April 07, 2021 08:45:45


Illustrative photo Illustrative photo

Remittance inflow saw some 35 per cent growth during the July-March period of the current fiscal year (FY), 2020-21, compared to the same period a year back.

During the first nine months of current FY some US$18.603 billion entered Bangladesh as remittance, compared to $13.774 billion in the corresponding period of last FY.

In March 2021 alone some $1.916 billion remittance came, while the figure was $1.276 billion in March 2020.

Providing 2.0 per cent incentives for remittance through official channel is considered one of the major factors behind the surge.

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