Dhaka, Sept. 20 -- Bangladesh, which depends heavily on remittances from the Middle East, is slowly losing its footing there, raising worries about falling inflows and bigger risks ahead.

After the fall of the Hasina government in 2024, remittance inflows initially surged to record highs, but recent trends show the flow is shrinking, particularly from Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Oman and Bahrain.

According to the latest Bangladesh Bank data, remittances stood at $2.42 billion in August, down from $2.47 billion in July and $2.82 billion in June.

Year-on-year figures still reflect growth, but the recent downward trajectory points to the turbulence in Middle Eastern markets as a key driver.

"Bangladesh's labour...