Bangladesh has been witnessing a growing trend in remittance inflows since December last year

The interim government expects the country’s gross foreign exchange reserves to rise to $34.4 billion by the end of the fiscal year (FY) 2025–26, buoyed by strong remittance inflows, export performance, and budgetary support from development partners.

Remittance inflows in the first ten months of the current fiscal year have already exceeded the total receipts of FY 2023-24

Migrants sent home $2.6 billion in the first 29 days of April

Bangladesh received over $2 billion in remittances in January for the sixth consecutive month, thanks to a disruption in the flow of money through informal channels following the fall of the Sheikh Hasina-led government last August amidst a student uprising.

Migrant workers sent $1.99 billion in December

Why have we failed to translate a record worker outflow into an increase in remittance inflow?