Remittances surge past $30bn: Can Bangladesh keep hundi out to make growth stick? And for how long will the hundi network remain subdued? Zahid Hussain, former lead economist at the World Bank’s Dhaka office, believes remittance growth “may not slow much” if the current momentum in manpower exports continues. According to him, since the fall of the Awami League–led government, money launderers’ “hundi network isn’t functioning”. Remittance growth in 2021 was 1.46 percent.

Source: bd News24 September 22, 2025 20:07 UTC