Bangladesh received (USD) $1553.70 million inward remittance in November, which is considered lowest in 18 months.<\/p>\n
Bangladesh Bank (BB) data shows that the expatriates sent $1553.70 million remittance in November 2021 compared to $2078.74 million in November 2020 amid the Covid-induced lockdown in almost all their host countries.<\/p>\n
According to the BB, in the first five months (July-November) of the fiscal year (FY) 2021-22, Bangladesh received remittance of $8.61 billion down from $10.89 billion in the FY 2020-21. It means the expatriates\u2019 income has decreased by 21 per cent to $2.28 billion in five month in the current fiscal year.<\/p>\n
The expatriate income shows fall for last five months in the current fiscal year despite renewed economic activities in the Middle Eastern and European countries and the USA.<\/p>\n
The sector insiders say money transactions on illegal channels (hundi) have increased since the pandemic related restrictions were lifted.<\/p>\n
Besides, the rate of new employment has been lower than the job loss.<\/p>\n
The inward remittance inflow of last five months of FY22 saw decreasing trend compared with the same period in the FY21.<\/p>\n
Arrival of remittance was $1.87 million in July, $1810.10 million in August, $1726.71 million in September, $1646.87 million in October and $1553.70 million in November of FY22.<\/p>\n
In the F21 inward remittance was received $2598.21 million in July, $1963.94 million in August, $2151.05 million in September, $1646.87 million in October and $2078.74 million in November.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bangladesh received (USD) $1553.70 million inward remittance in November, which is considered lowest in 18 months. Bangladesh Bank (BB) data shows that the expatriates sent $1553.70 million remittance in November 2021 compared to $2078.74 million in November 2020 amid the Covid-induced lockdown in almost all their host countries. According to the BB, in the first […]<\/p>\n","protected":false},"author":1,"featured_media":20952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,14],"tags":[],"class_list":["post-20951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-6","category-14"],"_links":{"self":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/20951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20951"}],"version-history":[{"count":1,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/20951\/revisions"}],"predecessor-version":[{"id":20953,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/posts\/20951\/revisions\/20953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=\/wp\/v2\/media\/20952"}],"wp:attachment":[{"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deshnews24.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}