Bangladesh is performing well in three important indicators of the economy amidst the global financial crisis. The latest data of different economic indicators show that despite the global crisis, Bangladesh is turning around in export of garment items. In the first five months of this calendar year, Bangladesh's garment exports to the
Tag: remittances
Remittances rise in 2021 despite pandemic
Despite a six-month decline caused by Covid-19 pandemic, remittances rose to a new height of $2,207 crore in 2021, surpassing the preceding year’s record of USD 2,174. The country’s remittances were $164.90 crore in December that helped achieving the new record, according to the Bangladesh bank data. However in the first six
Remittances hit all-time high of $23b
Bangladesh's remittances hit an all-time high of nearly 23 billion US dollars in July-May period of the current fiscal year 2020-21 ending this month. Bangladesh's Finance Ministry spokesman Gazi Towhidul Islam said on Tuesday that expatriate Bangladeshis remitted home 22.84 billion US dollars in July-May, 39.49 per cent higher than the