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Bangladesh receives $1B remittance in 12 days of November

Senior Correspondent   | banglanews24.com
Update: 2020-11-16 20:03:48
Bangladesh receives $1B remittance in 12 days of November Finance Minister AHM Mustafa Kamal

Bangladesh has received 1.066 billion US dollars as remittance in just first 12 days of November. This is a rare event in the history of Bangladesh.

Finance Minister AHM Mustafa Kamal expressed gratitude to those concerned, according to a press release sent from the ministry on Monday (November 16).

The press statement also said Bangladesh has never received such amount of remittance in just 12 days of a single month.

In the current fiscal year of 2020-21, the total remittances from July to November 12 reached Bangladesh 9.891 billion US dollars. At the same time in the last fiscal year of 2019-2020, remittances came 6.897 billion, that is about 43.42 percent more than the same period of the last year. 

Various measures including timely 2 percent cash incentive by the government have been playing an important role in this upward trend in expatriate income.

BDST: 2003 HRS, NOV 16, 2020
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