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The expatriates of Tangail received remittance of Tk. 26 crore - English.DailyProbash.com
December 2, 2023, 7:50 am

The expatriates of Tangail received remittance of Tk. 26 crore

  • Update Time : Saturday, April 30, 2022
  • 52 Time View
Expatriates have sent more remittances of Tk 6 crore to Sakhipur in Tangail this Eid than last time. This time 3,628 expatriates have sent 25 crore 91 lakh 10 thousand taka for the celebration of Eid of the family.

Before Eid in 2021, they sent 19 crore 96 lakh rupees. The highest amount of money came to Agrani Bank Sakhipur Bazar branch. In second place is National Bank Limited. The information was obtained by searching the remittance departments of 11 government and private banks in Sakhipur till 4 pm on Thursday.

Despite the epidemic, the expatriates sent Tk 19.96 crore to their relatives for shopping last Eid. This time there is no outbreak of corona. So this time the money sent by the expatriates to celebrate Eid with their relatives has increased.

Out of 11 banks, only Agrani Bank’s Sakhipur Bazar branch has received 12 crore 10 lakh 39 thousand taka (in account) as 1,240, which is half of the remaining 10 banks. UNO Sakhipur Farzana Alam said, ‘Expatriates are working hard to earn money and send it back to their homeland. Congratulations and Eid wishes to those remittance fighters.

Yusuf Ali, a sari shopkeeper in Tangail, said, ‘Expatriate wives are buying more and more sari. Sari worth several lakhs is being sold every day. He said if the expatriates did not send money, their sales might have decreased.

The remittances sent by the expatriates continue to play an important role in the economy of the country, the contribution of remittances to the country’s GDP is about 12 percent. To increase the flow of remittances, the government was providing cash incentives at the rate of 2 percent from the fiscal year 2019-20. It has been increased to 2.5 percent since last January.

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