Remittances are a critical lifeline for the economy. In FY2024-25 Bangladesh saw a record $30.32 billion in remittance inflows – a 26.8% jump from the year before. This surge was driven by government incentives (higher cash rewards) and simpler transfer processes. The money sent home by expatriates helps finance imports, stabilize the balance of payments, and support millions of households. To sustain this flow, policies must keep formal channels attractive. Recent steps (like creating dedicated overseas-worker lounges at airports and narrowing exchange rate gaps) have encouraged more remitters to use banks. Going forward, maintaining a competitive exchange rate and responsive incentive programs will be key. In effect, each additional dollar sent back from abroad provides direct fuel for domestic growth and economic resilience.