Remittance inflow increases by 25% in February

Remittance inflow to Bangladesh rose 25 percent year-on-year to $2.52 billion in February this year. The amount was $2.02 billion in the same month last year, according to Bangladesh Bank data released this week.

With the latest addition, the year-on-year growth in receiving remittances increased at 23.8 per cent for the first eight months, July to February, of the ongoing fiscal year (FY25) as the country received $18,490 million in total during the period.

Last year, it was $14,935 million.

Talking to BSS, 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.

The amount of inward remittance also experienced a 23.8 percent year-on-year growth in the eight months to February this year 
Around $18.49 billion in remittance came to Bangladesh in the July 2024 to February 2025 period, up from $14.93 billion in the July 2023 to February 2024 period, the central bank data showed.