USA tops wage earners remittance source

The USA remains the top remittance-earning source for Bangladesh for the first eight months of the current fiscal year.

Expatriates sent $2497.2 million from the America from July 2022 to February 2023, according to Bangladesh Bank.

The expatriates sent $298.7 million in January and $231.84 million in February, according to latest data of Bangladesh Bank.

In the first two quarters of the current fiscal year, the US became the largest source country of remittance for Bangladesh beating Saudi Arabia.

Kingdom of Saudi Arabia is second position with $2480.08 million during the period while UAE at third position with $1896.53 million.