More than Tk 5,000 crore remittances in last 5 days

Eid-ul-Azha, one of the major religious festivals of Muslims, is just two days away. In the meantime, a record amount of remittances has started coming to the country. Expatriate Bangladeshis are sending money to their family in order to buy sacrificial animal and celebrate Eid. As a result, remittances have reached $536 million in the last five days, which is more than Tk 5,000 crore in Bangladeshi currency.

2,103 crore dollar of remittance came to the country in fiscal year 2021-2022. In the first five days of the new financial year (2022-23), there is already a noticeable amount of expatriate income.

According to the updated information of the Central Bank, the expatriates are sending their earnings before Eid-ul-Adha very generously.

In the first five days of July, the expatriates sent remittances worth 536 million. Every year before Eid, remittances come more than usual so that the relatives in the country can celebrate Eid and buy sacrificial animals.

According to Bangladesh Bank, remittances will increase in the current financial year. About one million more workers have gone abroad in the last six months. Their remittances will soon be added to the remittance sector. As a result, remittances will increase.