BSS, Dhaka

Bangladesh witnessed a strong growth in inward remittance during the first 23 days of May as expatriate Bangladeshis continued to send higher amounts of money through formal banking channels ahead of the holy Eid-ul-Azha.

According to the latest data, the country received $2.98 billion in remittances during the period from May 1 to May 23, 2026, compared to $2.11 billion during the corresponding period of May last year.

The inflow registered a significant 41.31 percent year-on-year growth, reflecting sustained confidence among expatriate workers in the country’s formal financial system.

On May 23 alone, remittance inflow amounted to $173.64 million indicating steady momentum in foreign currency earnings.

Meanwhile, total remittance inflow during the current fiscal year from July 2025 to May 23, 2026 reached $32.31 billion, up from $26.64 billion during the same period of the previous fiscal year, marking a 21.26 percent growth.