United News of Bangladesh

Remittance inflow to Bangladesh reached $2,524 million ($2.52 billion) in the first 27 days of July, the first month of fiscal year 2026-27, according to the latest data from Bangladesh Bank. This reflects a 20.2 percent year-on-year growth compared to the $2.10 billion received during the corresponding period (July 1-27) of the previous FY2025-26. Central bank figures showed that Bangladeshi expatriates living in different countries sent home $87 million on July 27 alone. The continued robust momentum in the remittance inflow through formal banking channels at the start of the new fiscal year is expected to bolster the country's foreign exchange reserves and help maintain macroeconomic stability. Bangladesh received a record $35.56 billion in remittances in FY26, the highest remittance earnings so far in a single fiscal year. The year-on-year growth was a 17.3 percent increase compared to $30.33 billion in FY25.  

Seeking continued support from the World Bank to push the country’s economy forward, Finance Minister AHM Mustafa Kamal has said Bangladesh has seen a marked growth in remittance inflow despite predictions of decline due to the Covid-I9 pandemic.