Signs of stagnation in home remittances

18 May, 2016

There was a time when home remittances were increasing by leaps and bounds, promising a healthy future for balance of payments position of the country. These hopes, however, have somewhat faded with the advent of new data in the recent months. According to the latest figures released by the State Bank on 10th May, 2016, workers' remittances amounted to dollar 1.657 billion during April, 2016 which were 3 percent lower than the previous month and only one percent higher than April, 2015. The country-wise details showed that

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