The country received $10.606 billion in remittance from expatriate Bangladeshis in 11 months of the current fiscal year.
In May, the amount of inward remittance was $993.25 million, higher by $90.20 million of the remittance inflow in the same month of 2010 when the amount was $903.05 million.
The country in March this year received a record high of $1.09 billion for the first time despite the recent unrest in some middle-east and African countries.
The higher inflow indicated that the ongoing unrest in some middle-east and African states did not have negative impact yet on the remittance inflow.
There was a concern over a negative impact on remittance inflow in future as hundreds of Bangladeshis lost their jobs in the troubled countries including a big number in Libya.
Official statistics, however, show a total of 95,194 Bangladeshis used to work in Libya until January this year, which was only 1.3 per cent of the total 72 lakh expatriate Bangladeshis.
The BB official said the remittance inflow in the past 11 months of the outgoing financial year marked around 16 per cent growth over the same period of the past fiscal year when the growth was 22.41 per cent.
‘If this trend continues or even declines a little bit, the total inflow of remittance will be more than $11 billion, a new record in the countries remittance receipt’, said the official.
Courtesy of BSS/New Age
