Bangladesh receives $2.5bn remittance in February
Overseas Bangladeshis sent $2,528 million remittances last month, which was around 25% than the corresponding month of the previous year.
The wage earners sent $2,022 million remittance to the country in February of 2024.
With the latest addition, the year-on-year growth in receiving remittances increased at 23.8% for the first eight months, July to February, of the ongoing fiscal year (FY 2024-25) as the country received $18,490 million in total during the period. Last year, it was $14,935 million.
A senior official of the central bank mentioned that the flow of remittances into the country shows upward trend as the government has taken measures to streamline the legal channel for encouraging non-resident Bangladeshis (NRBs) to send money to the country.
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