State of the Bangladesh Economy in FY2021-22
Independent Review of
RBD
Bangladesh's Development
Analysis of External Sector Performance
While outward migration resumes, remittance inflow posts
negative growth
During the Jul-Nov of FY22, a total of 242,086 Bangladeshi citizens had
joined overseas job markets
➤ A welcome recovery from the dismal figure of the corresponding period of FY21
➤ The number, however, is still somewhat below the corresponding number of the
pre-pandemic FY20
☐ Bangladesh received the highest ever inflow of remittance in FY21 (USD
24.8 billion) at the height of the pandemic (a 35.0% rise)
However, the scenario has undergone significant changes during the first
five months of FY22 when remittance inflow suffered a (-) 21.0% decline
➤ This amount is, however, 11.6% higher than that of the corresponding period of
FY20 (i.e., pre-pandemic period)
CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading)
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