Remittances exceed $3 billion in December, reserves at highest in 3 years.
In the 29th day of this month, the country received $3 billion in expatriate income, which helped alleviate the dollar crisis.
On the other hand, Bangladesh Bank's total foreign exchange reserves, which were purchased from banks, have exceeded $33 billion or $33 billion, the highest in the last three years.
Previously, in 2017, the reserves exceeded $33 billion for the first time, and reached $48 billion in 2021. At the time of the fall of the Awami League government, the reserves had fallen to $26 billion.
Expatriate income picture
In the first 29 days of this month, expatriate income exceeded $3 billion or $3 billion. $3.04 billion came into the country in 29 days.
The positive trend in expatriate income has continued since the fall of the Awami League government in August last year. This led to a record expatriate income in March. In that month, $3.29 billion in expatriate income came to the country, which is the highest expatriate income in a single month so far. Since then, expatriate income has again exceeded $3 billion this month.
According to Bangladesh Bank, the country received a total of $30.33 billion in expatriate income in the 2024-25 fiscal year. The previous fiscal year, 2023-24, saw $23.91 billion in expatriate income.
সোর্স: Prothom Alo English https://share.google/MHqhUpd7DVCDEy6dV
This is actually meaningful improvement stemming from post July-revolution IG reforms in economy sector.
Do you think BD expats suddenly had an increase of 7 billions in income overnight? No, they didn't.
However choton gang's success (
) on cracking down hundi and money laundering has resulted in nearly $7 billions increase in remittance inflow over a year.
@LeonBlack08 @AbuShalehRumi @Bengal71 @Michael Corleone @Arthur @Avicenna @Al-Zakir @Oscar
In the 29th day of this month, the country received $3 billion in expatriate income, which helped alleviate the dollar crisis.
On the other hand, Bangladesh Bank's total foreign exchange reserves, which were purchased from banks, have exceeded $33 billion or $33 billion, the highest in the last three years.
Previously, in 2017, the reserves exceeded $33 billion for the first time, and reached $48 billion in 2021. At the time of the fall of the Awami League government, the reserves had fallen to $26 billion.
Expatriate income picture
In the first 29 days of this month, expatriate income exceeded $3 billion or $3 billion. $3.04 billion came into the country in 29 days.
The positive trend in expatriate income has continued since the fall of the Awami League government in August last year. This led to a record expatriate income in March. In that month, $3.29 billion in expatriate income came to the country, which is the highest expatriate income in a single month so far. Since then, expatriate income has again exceeded $3 billion this month.
According to Bangladesh Bank, the country received a total of $30.33 billion in expatriate income in the 2024-25 fiscal year. The previous fiscal year, 2023-24, saw $23.91 billion in expatriate income.
সোর্স: Prothom Alo English https://share.google/MHqhUpd7DVCDEy6dV
This is actually meaningful improvement stemming from post July-revolution IG reforms in economy sector.
Do you think BD expats suddenly had an increase of 7 billions in income overnight? No, they didn't.
However choton gang's success (
) on cracking down hundi and money laundering has resulted in nearly $7 billions increase in remittance inflow over a year.@LeonBlack08 @AbuShalehRumi @Bengal71 @Michael Corleone @Arthur @Avicenna @Al-Zakir @Oscar
