Remittance rises 50pc to $1.91b in March
Remittance increased 50 per cent year-on-year to $1.91 billion in March, the highest growth since last August.
Finance Minister AHM Mustafa Kamal gives credit for the rise to different reform measures, including the easing of the remittance sending process and introduction of 2 per cent cash incentive for the beneficiaries.
Moreover, remittances sent by migrant workers and non-resident Bangladeshis rose 35 per cent year-on-year in the first nine months of the current fiscal year, hitting $18.60 billion in total.
Comments