Expatriate Bangladeshis sent US$
18,603.80 million remittances during the first nine months of the
current fiscal (FY21), which was 35.10 percent higher than the same
period of the last fiscal year (FY20).
The country received $13,744.80 million remittances during
July-March period of the last fiscal year (FY20), according to Finance
Expatriate Bangladeshis sent US$1,916.60 million remittances in
March of the current fiscal while the inward remittance flow in March
2020 was $1276.30 million.
Commenting on the surge in remittance, Finance Minister AHM Mustafa
Kamal today said that this uptrend in remittance inflow continues due
to various reform initiatives of the government including
simplification of government rules towards sending remittance and
enforcement of 2 percent cash incentives.
“Such attainments are on the rise day by day and our expectation is
that it will further increase.” He added.
The Finance Minister also noted that the trust and confidence of
people upon the government in this regard has been restored so that
none is harassed and the recipients’ get the money properly.
“As a result, the inward remittance flow is increasing day by day
and it will continue to increase further, Insha Allah.” He added.
Source: Bangladesh Sangbad Sangstha (BSS)