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Record $29.5b remittance boosts Bangladesh in FY2024–25
Bangladesh has received a record-high inward remittance of $29.5 billion so far in the current fiscal year (2024–25), marking the highest amount ever recorded in a single fiscal year.
According to the Bangladesh Bank, from July 1, 2024, to June 21, 2025, the expatriates sent $29.5 billion remittance.
In FY2023–24, inward remittance grew by 26.7 percent to reach $23.28 billion.
The expatriates sent $1.98 billion remittance in 21 days of the current month --June.
Earlier this month, Central bank Governor Dr Ahsan H Mansur expressed satisfaction over the flow of remittance earning.
Bangladesh’s remittance growth almost 25 percent in outgoing fiscal
He then claimed that remittance will be reached at $30 billion in the FY2024- 25, as people's trust in the country’s financial system is restored.
The expatriates sent $27.5 billion remittance 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
July: $ 1.91 billion