Bangladesh receives $18.49 billion in remittances over 8 months
Staff Correspondent
Bangladeshi expatriates sent $2.52 billion in remittances in February 2025, marking a 25 percent year-on-year growth compared to February 2024, when the figure stood at $2.02 billion.
From July 2024 to February 2025, the total remittance inflow reached $18.49 billion, compared to $14.93 billion during the same period in the previous fiscal year—an increase of 23.8 percent.
Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan made disclosure on Sunday.
Monthly Breakdown of Remittances in FY 2024-25:
July: $1.91 billion
August: $2.22 billion
September: $2.4 billion
October: $2.39 billion
November: $2.2 billion
December: $2.64 billion
January: $2.19 billion
February: $2.52 billion
According to the central bank, remittance inflows saw a notable rise following the political transition on August 5, 2024.
Arif Hossain Khan attributed the growth to expatriates increasingly using banking channels to send money home, incentivised by instant bonuses and secure transactions.
“The central bank always encourages remitters to send their hard-earned money through secure banking channels,” he said.
