Published on 04:45 PM, July 03, 2014

Remittance inflow in the red after 13 yrs

Remittance inflow in the red after 13 yrs

After 13 years of positive growth, inflow of remittances into the country has registered negative growth in the just concluded 2013-14 fiscal, according to data released by the central bank.

Bangladesh received nearly $14.23 billion in remittance in 2013-14, down slightly by 1.61 percent compared to over $14.46 billion a year ago, according to provisional data from the Bangladesh Bank (BB).

Last time, inward remittances declined in 2000-01.