remittance Bangladesh
Robust remittance, exports to ease pressure on external sector
Migrant workers and Bangladeshis living abroad sent more than $2 billion in each of the first two months of the current fiscal year, a promising sign for the economy.
IMF Loan Talks: Here's how we need to prepare
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
Do our remittance earners deserve such disrespect?
Airport and Biman officials must provide quality service to all
US$ 1.64bn remittance received in 21 days of July: Bangladesh Bank
Bangladesh received US$ 1.64 billion inward remittance till July 21, due to Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festival of Muslims, according to data from Bangladesh Bank.
Remittance falls to $21.03 billion in FY2022
Inward remittance to Bangladesh fell by 15 per cent year-on-year to $21.03 billion in the just-concluded fiscal year, intensifying pressure on the country’s macroeconomy, central bank data showed today.
Remittance to rise significantly next fiscal year
Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank (BB) Governor Fazle Kabir said today.
Dip in remittance: Hundi at play again
Remittance inflow fell in 11 months of the current fiscal year mainly because a large number of migrants switched to informal channels like hundi from formal ones for sending money, say experts.
High and low tide of inward remittance
Till the end of May our inbound remittance totaled $19.19 billion, $3.6 billion dollar less than that last year. With the current downward trend, in an optimistic estimate, we can eye a near $21 billion by the end of the financial year which would be 15 per cent less on a year-on-year basis. But based on this figure alone will it be justified to arrive at a decision that the magic of remittance have waned, we have run out of means to fill the increasing trade gaps, and are quickly embracing a bleak financial future? Before siding with a yes or a no let us revisit the trend of remittance flow.
Robust remittance, exports to ease pressure on external sector
Migrant workers and Bangladeshis living abroad sent more than $2 billion in each of the first two months of the current fiscal year, a promising sign for the economy.
IMF Loan Talks: Here's how we need to prepare
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
Do our remittance earners deserve such disrespect?
Airport and Biman officials must provide quality service to all
US$ 1.64bn remittance received in 21 days of July: Bangladesh Bank
Bangladesh received US$ 1.64 billion inward remittance till July 21, due to Eid-ul-Azha when Bangladeshi migrants sent more money to families to celebrate one of the biggest festival of Muslims, according to data from Bangladesh Bank.
Remittance falls to $21.03 billion in FY2022
Inward remittance to Bangladesh fell by 15 per cent year-on-year to $21.03 billion in the just-concluded fiscal year, intensifying pressure on the country’s macroeconomy, central bank data showed today.
Remittance to rise significantly next fiscal year
Remittance inflow may rebound significantly in Bangladesh in 2022-23 fiscal year as increased number of people flew abroad for jobs, Bangladesh Bank (BB) Governor Fazle Kabir said today.
Dip in remittance: Hundi at play again
Remittance inflow fell in 11 months of the current fiscal year mainly because a large number of migrants switched to informal channels like hundi from formal ones for sending money, say experts.
High and low tide of inward remittance
Till the end of May our inbound remittance totaled $19.19 billion, $3.6 billion dollar less than that last year. With the current downward trend, in an optimistic estimate, we can eye a near $21 billion by the end of the financial year which would be 15 per cent less on a year-on-year basis. But based on this figure alone will it be justified to arrive at a decision that the magic of remittance have waned, we have run out of means to fill the increasing trade gaps, and are quickly embracing a bleak financial future? Before siding with a yes or a no let us revisit the trend of remittance flow.
