Abdur Rahim Harmachi, Chief Economics Correspondent, bdnews24.com
Published: 2020-06-02 05:30:07 BdST
In May, when Muslims celebrated Eid-ul-Fitr, the expatriates sent more than $1.5 billion, marking a 8.72 percent growth in July-May period, according to data published by the Bangladesh Bank.
Speaking to bdnews24.com on Monday, Finance Minister AHM Mustafa Kamal thanked the expatriates for their contribution to the economy ravaged by the pandemic.
The incentives led to a spike in remittance but inflow began to drop in March as hundreds of expatriates returned home due to the coronavirus pandemic, which has also left a vast number of the world population jobless.