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Bangladesh’s Economy Gets Major Boost as Remittance Inflow Soars by 27%

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Economy and Remittance
Economy and Remittance

Bangladesh’s economy has received a significant boost this fiscal year, with remittance inflows showing robust growth. Expatriates sent over $30.21 billion between July 2024 and June 29, 2025, marking an impressive 27.2% increase compared to the $23.74 billion received during the same period last year.

The positive momentum continued strongly into June. According to the latest data from Bangladesh Bank, the country received $2.706 billion in just the first 29 days of the month. This represents a 14.1% rise from the previous June.

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A remarkable $166 million arrived on June 29 alone, a figure that analysts see as a powerful reflection of expatriates’ growing confidence in the country’s financial system.

Analysts attribute this remarkable upswing to a combination of effective government and central bank policies. A concerted crackdown on illegal “hundi” channels has encouraged expatriates to use formal banking systems.

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Furthermore, attractive incentives for sending money through legal routes have played a pivotal role in boosting this vital flow of foreign currency, providing welcome relief and stability to the national economy.

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