Dhaka, Sept 21 (V7N) – Bangladesh received US$7.819 billion in workers' remittances during July 2026 to September 20 of the current fiscal year (FY2026-27), registering a 14.9 percent year-on-year growth from $6.803 billion during the corresponding period of FY2025-26.

According to Bangladesh Bank data, remittance inflow stood at $1.994 billion during September 1-20, 2026, compared with $1.903 billion during the same period last year, marking a 4.8 percent year-on-year increase.

The country received $117 million in remittances on September 20, 2026.

The latest figures show that remittance inflows have maintained a strong growth momentum in the current fiscal year, supporting the country's external sector and foreign exchange position. During July 1 to September 20 of FY2026-27, Bangladesh received $7.819 billion in remittances, compared with $6.803 billion in the corresponding period of FY2025-26—an increase of $1.016 billion.

The strong remittance growth comes amid a surge in outbound migration, with more than 1.2 million Bangladeshi workers having secured overseas employment in 2025, a 20 percent increase from the previous year. The government's 2.5 percent incentive on remittances sent through official channels has encouraged expatriates to use formal banking systems, while the depreciation of the taka against the dollar has made remittances more valuable in local currency.

The rising remittance inflow is a bright spot for Bangladesh's economy, which has been grappling with a balance of payments deficit, depletion of foreign exchange reserves, and a widening trade deficit in recent months. Robust remittance inflows have helped stabilize the country's foreign exchange market and provided critical support to the national economy. The central bank expects remittances to rise to $33 billion by 2028, supported by the growing number of migrant workers and ongoing government incentives.

end/wd/rh/