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BSS-37
REMITTANCE-RECORD
Inflow of remittance hit record high at $16.56b: Finance Ministry
DHAKA, June 5, 2020 (BSS) – Expatriate Bangladeshis sent around
US$16.56 billion remittance till June 3 of the current fiscal 2019-20
which is all time high of any fiscal.
“Bangladesh has achieved the highest remittance till June 3 of this
fiscal. It is the highest record of any financial year. During this
time, Bangladesh has achieved $16.56 billion, which is the result of
the government’s two percent incentive programme. As of June 30,
2018-19, it was $16.42 billion. With one month left in this fiscal
year, the sector has achieved this record of $16.56 billion,” according to
a Finance Ministry press release issued today.
The country’s foreign exchange reserves also touched a new record of
$34.23 billion on June 3 amid the coronavirus crisis.
Earlier, the previous highest reserves amounting $33.68 billion were
recorded on September 5 in 2017.
BSS/PR/KUC/ARS/2136 hrs