Bangladesh reached a historic milestone on June 28, with remittance inflows surpassing US$30 billion, breaking all previous records.
According to the Bangladesh Bank, from July 1, 2024, to June 28, 2025, the expatriates sent $30.04 billion in remittances. In the previous FY2023- 24, the expatriates sent 23.28 billion in remittances.
Accordingly, inward remittance grew by 26.5 per cent in the current fiscal yea,r FY2024-25.
The expatriates sent $2.53 billion in remittances in 28 days of the current month (June), which was $2.37 billion in the previous year. In the FY2024-25, the remittance crossed $30 billion, remaining two days of the fiscal year.
Earlier this month, Bangladesh Bank Governor Dr Ahsan H Mansur expressed satisfaction over the flow of remittances earned.
He then claimed that remittance inflow will reach $30 billion in the FY2024- 25, as people’s trust in the country’s financial system is restored.
The expatriates sent $27.5 billion remittances in 11 months (July-May) of the current FY2024- 25. Except for July 2024, the remittance crossed $2 billion so far. The scenery of 11 months remittance is as follows-
May $2.97 billion
April: $2.75 billion
March: $3.29 billion
February: $2.53 billion.
January: $2.19 billion
December: $2.64 billion
November $2.2 billion
October: $2.39 billion
September: $2.4 billion
August: $2.22 billion
In July: $1.91 billion
https://thefinancialexpress.com.bd/economy/bangladesh/banks-to-remain-open-until-6-pm-today-for-revenue-collection
