In September alone, the expatriates remitted more than $2.15 billion, the second highest in a month after $2.6 billion in July. Finance Minister AHM Mustafa Kamal hopes the remittance inflow in 2020-21 fiscal year will total over $24 billion. He thanked the migrant workers, saying that they have helped the government muster the courage to tackle the pandemic crisis. Kamal also credited once again the two percent incentives on remittance and ease of rules needing to fill in forms. He pointed out that Bangladesh Bank’s foreign currency reserves have crossed $39 billion for the first time due to the high inflow of remittances.

Source: bd News24 October 01, 2020 18:22 UTC