Bangladeshi diaspora sent home over $9 bn last year

January 6th, 2009 - 11:11 am ICT by IANS  

Dhaka, Jan 6 (IANS) Despite the global financial meltdown, remittances by Bangladeshis abroad, one of the country’s economic mainstays, crossed the $9 billion mark last year.It was a 40.76 percent year-on-year growth.

According to Bangladesh Bank statistics, the remittances made by Bangladeshi expatriates abroad in 2008 were estimated at $9.22 billion, up from $6.55 billion in 2007, New Age newspaper reported Tuesday.

A bank official said the remittances could cross the $10 billion mark in the current year, “as the political situation remains stable in the country after the free and fair parliamentary elections”.

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Posted in South Asia |

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