Trade
7 years ago

Outbound travel spending up by 15.6pc

Published :

Updated :

Minimum spending for outbound travel from the country jumped by 15.56 per cent in the past fiscal year (FY17).

 

Latest data of the balance of payments (BoP) showed that the amount stood at $504.6 million in the past fiscal year which was $432.8 million in FY16.

 

The value is here indicative and minimum as this sum of money was officially endorsed for taking outside in FY17.

 

Bangladesh Bank data also showed that the receipt from inbound travel to the country jumped by 85.20 per cent in the past fiscal year.

 

Some $285.0 million came to the country through the travellers from outside in FY17 which was $153.9 million in FY16.

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