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Incentive spending on remittance may go up Overall expenses for subsidy, incentive and cash loan to fall The government may increase its allocation for incentive expenses for remittance in the next fiscal year as it looks to retain the surge of the flow of the cheapest source of foreign currencies for Bangladesh. It had earmarked Tk 3,060 crore in the original budget of the fiscal year of 2020-21 to pay incentives to the beneficiaries of remittance. The allocation has been raised by 47.06 per cent to Tk 4,500 crore in the revised budget. The government now plans to set aside Tk 4,000 crore for the next fiscal year to help the economy absorb the shock stemming from the coronavirus pandemic. 

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