REMITTANCE INFLOW FALLS BY 2.40 PERCENT

Remittance inflow falls by 2.40 percent

The inward remittance inflow fell by 2.40 percent in the calendar year 2013 due mainly to the lower export of manpower coupled with the ongoing political uncertainty. The inflow of remittance came down US$0.34 billion to $13.84 billion in 2013 from $14.18 billion a year ago, according to Bangladesh Bank. The remittance decreased by $0.63 billion or 8.50 percent to $6.78 billion during July-December 2013-14 from $7.41 million during July-December 2012-13. Meanwhile, the remittances from Bangladeshi nationals working abroad declined by $0.07 billion or 5.43 percent to $1.22 billion in December 2013 from $1.29 billion in December 2012 but rose by $0.16 billion or 15.09 percent from $1.06 billion in November 2013.

 




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