Published:  12:12 AM, 04 May 2026

Remittances grow by 14% in April: BB

Remittances grow by 14% in April: BB

Bangladesh sees around 14 percent growth in remittances netting with expatriates funneling $3.12 billion into the country in the just-passed month of April 2026. With the latest monthly inflow, the economy of over $460 billion enjoyed inner remittance amounting to over $3.0 billion for the last four consecutive months, which gives a much-needed respite to the country amid persisting geopolitical tensions over the Middle Eastern countries which accounts for major chunk of the remittance inflow.

According to the latest data of Bangladesh Bank (BB), Bangladeshi nationals working abroad sent $3.12 billion in April this year, which is the fifth highest monthly count in the country's history. In April 2025, the country received $2.75 billion, marking an increase of $375 million over the past 12 months. In the first 10 months of the current fiscal year (FY'26), the country so far bagged $29.33 billion, which was 19.50 per cent higher from $24.53 billion recorded during the same period of time of the last financial year (FY'25), according to the BB data.

BB spokesperson Arif Hossain Khan said the Bangladeshi expatriates continue sending large volumes of remittance back home, which is a good sign. He was optimistic of continuation  of growing remittance inflow in this month as another peak remittance-netting occasion

 Eid-Ul-Azha, a major religious festival for the Muslims in the Muslim-majority Bangladesh, will be observed. However, economists raise questions that the remitters living in the crisis-prone Gulf Countries might have sent money as much as they can to avert the war-induced shocks in the coming days. "If it happens, it will be an alarming issue. If they send money from their increased income, which will be a good sign," Arif Hossain Khan stated. Arif Hossain Khan, also an Executive Director of the central bank, said they will closely monitor the remittance trend in the coming month. "If the flow of remittance drops sharply in June, it will be a matter of concern," he added.

Despite the continuous fall in the growth of export in recent months up to March, the record inflow of remittance continues bolstering the country's foreign exchange (forex) reserve in recent months. The BB data showed the country's gross forex reserves rose to $35.20 billion as on 3 April 2026 from $34.12 billion recorded by end of March last. In accordance with the IMF (International Monetary Fund) arithmetic, the gross reserves increased to $30.51 billion until April 03, 2026 from March-end count of $29.50 billion.




Latest News


More From Frontpage

Go to Home Page »

Site Index The Asian Age