EXPATRIATE WORKERS REMIT US 474.6 MILLION USD IN DECEMBER

USD 474.6 million received from expat SL workers in December

 

Expatriate Sri Lankan workers had remitted 475.6 million U.S. dollars in December 2022, Minister of Labour and Foreign Employment, Manusha Nanayakkara, said on Saturday.It was a 46% increase from December 2021, when workers sent 325.2 million dollars, the Minister said.

In 2021, Sri Lankan workers sent 5,491.5 million dollars; they remitted only 3,789.5 million dollars in 2022, Central Bank data has revealed.Workers remittances are one of the biggest sources of foreign revenue for Sri Lanka, according to official data.  (RK)