Dhaka, August 12 — Following the resignation of former Prime Minister Sheikh Hasina, expatriate income has shown a marked increase. As of August 3, remittances had already reached $9.56 million. In the following week, from August 4 to 10, expatriates sent an additional $38.71 million, indicating a significant rise in remittances.

According to a report published by the Central Bank, by August 10, 2024, a total of $482.7 million in remittances had come through legal banking channels. Although this marks a slight decrease compared to July, where the average daily remittance was $63.7 million, the current daily average of $48.2 million still reflects a notable improvement since the political shift.

In July, the first month of the fiscal year 2024-25, Bangladesh received $191.36 million in remittances, the lowest in the last 10 months. The decrease in expatriate income during the anti-discrimination movement was evident, but since the resignation of Sheikh Hasina, remittances have been on the rise once again.

This increase in remittances is seen as a positive sign for the country's economy, suggesting renewed confidence among expatriates in the stability of Bangladesh’s economic environment post-political change.