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The Financial Express

Remittance inflow tops $21b in 2020

| Updated: January 06, 2021 19:13:34


Remittance inflow tops $21b in 2020

The inflow of remittances crossed the $21billion-mark for the first time in the just-concluded calendar year, registering an increase of nearly 19 per cent, despite the ongoing Covid-19 pandemic, officials said.

The flow of inward remittances jumped to $21.74 billion in 2020 from $18.33 billion in the previous year, according to the finance ministry’s latest statistics.

The money sent home by Bangladeshis working abroad amounted to $2.05 billion in December 2020, down by $27.52 million in the previous month.

In November last, the remittances stood at $2.08 billion. It was $1.69 billion in December 2019.

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