No cost for sending remittance: Muhith

 Bangladeshi expatriates will not have to bear any cost for sending remittances to the country, Finance Minister AMA Muhith said today.

“The government is taking measures in this regard so that they (expatriates) can send their remittances without any charge,” the minister said at a pre-budget discussion with the Economic Reporters’ Forum at his ministry office at the Secretariat.

“An allocation will be added to the next budget in this regard,” Muhith said.

READ MORE: Muhith plans an ambitious budget

The initiatives are being taken to increase the remittance flow, the minister said, adding, “We urge the expatriates to send their remittances through proper channels”.

The government has decided to take the initiatives as per the direction of Prime Minister Sheikh Hasina, he said.

The amount of the fiscal year 2017-18 budget will be more than Tk 4,00,000 crore, he mentioned.

BASUG on Facebook