Expatriate income over $2b in 28 days
Bangladesh is showing an upward trend again in remittances sent by expatriates and exceeded $2 billion in 28 days of August.
The relevant department of the Central Bank informed this information on Thursday (August 29).
According to Bangladesh Bank's updated report on remittance as of 28 August, expatriate Bangladeshis sent $2.07 billion to the country through the formal channel. In the same period of August 2023, the remittance inflow was $1.43 billion.
Bangladesh witnessed the lowest remittance in the last 10 months in July 2024 amid the student movement. In July, the country's remittance was about $1.91 billion.
Bangladesh Bank officials said expatriates are now being encouraged to send remittances through legal channels. They are being made aware. We hope that more remittances will come in a legal way in future.
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