Sri Lankan Foreign Workers Sent More Money Home In Sept

Sri Lankan Foreign Workers Sent More Money Home In Sept

COLOMBO, Oct 9 (NNN-XINHUA) – The remittances sent by Sri Lankan foreign workers abroad, increased by 10 percent in Sept, compared with Aug this year, Minister of Labour and Foreign Employment, Manusha Nanayakkara, said.

Statistics released by the Central Bank of Sri Lanka (CBSL) yesterday showed that, workers’ remittances grew to 359 million U.S. dollars last month, from 325 million U.S. dollars in Aug.

Compared to July, 2022, workers’ remittances have jumped 29 percent, with an increase of 80 million U.S. dollars, between Jul and Sept.

However, workers’ remittances in the first nine months of this year are still 43 percent lower than the remittances of the same period in 2021, the central bank said.

Last week, the governor of the Central Bank said that, foreign remittances have increased steadily in the past few months, due to the monetary policies.– NNN-XINHUA  

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