Monday 5 January 2009

Peace Brings More Remittances To Bangladesh

Siddique Islam - AHN Correspondent

Dhaka, Bangladesh (AHN) - Bangladeshis received over $4.5 billion USD in remittances in the first half of the current fiscal quarter, up a dramatic 31.15% from the last quarter. According to officials in Dhaka, the inflow of remittances has improved gradually with the peaceful political transition in the country.

"We are hopeful about receiving $10 billion as inward remittance by the end of this fiscal," a senior official of the Bangladesh Bank (BB), the country's central bank, told AHN in Dhaka on Monday.

Bangladesh received $4.512 billion during the July-December period of the fiscal 2008-09 against $3.44 billion of the corresponding period of the previous fiscal, according to the central bank statistics.

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