Expatriate Bangladeshis sent $22.75 billion in remittance during the first 11 months of the current fiscal 2020- 21.
The figure is apparently 40.10% higher than the same period of the preceding year, according to Finance Ministry.
Also Read- Bangladesh receives $1.59bn as remittance in 20 days
The country received $16.23 billion in remittance from July to May in 2019-20 financial year.
Meanwhile, in May, the remittance was $2.07 billion which was $1.36 billion in the same period of the previous fiscal year.
Also Read- BB simplifies outward remittances through int'l card channel
The robust inward remittances have boosted the country’s foreign exchange reserves, taking it to $44.96 billion by 30 May.
