The inflow of remittance in the country hit record $15bn in the fiscal year 2014-15.
The amount of remittance received in the last fiscal was 7.60% higher compared to $14bn in FY2013-14, according to the Bangladesh Bank data released yesterday.
The remittance growth was negative 1% in FY2013-14.
The country received $1.43bm remittances in June, 11.27% higher from $1.28bn in the same period last year.
The remittance inflow reached the second highest in June as a single month.
Earlier in July, the country received the highest $1.49bn remittance in one month.
Expatriates sent comparatively more remittance home in June because of ensuing Eid festival, said a senior executive of Bangladesh Bank.
Moreover, lifting ban on manpower export to Saudi Arabia was one of the major factors in the rise of remittance inflow.
Overseas employment in gulf countries rose drastically from February to June, according to the statistics of Bureau of Manpower, Employment and Training (BMET).
The number of manpower export to Saudi Arabia rose by 78% to 10,624 in February-June period compared to 5,971 in the same period last year.
Earlier, Saudi Arabia, the biggest labour market for Bangladesh, lifted the ban on recruitment of workers from Bangladesh, thus opening the Bangladeshi labour market on February 1 after six years.
In February, Bangladesh has signed a Memorandum of Understanding (MoU) with Saudi Arabia to send manpower under 12 categories.
The Saudi government also decided to hire around 10,000 workers from Bangladesh every month in 10 categories of household jobs.
The workers will be able to go there free of cost.
On the other hand, the country’s foreign exchange reserves crossed $25bn, thanks to the stable inflow of remittance.
Of the remittance received in June, $445m came through state-owned banks, $16.21m through specialised banks, $954m through private banks and $15.68m through foreign banks, according to the Bangladesh Bank data.