Increase in workers’ remittances

Migrant workers have remitted 5.4 billion U.S. dollars in the first 11 months of 2023, the latest data released by the Central Bank of Sri Lanka (CBSL) shows.The workers remitted 537.3 million dollars in November 2023, up 40 percent from 384.4 million dollars in November 2022, CBSL data showed.

Workers sent only 3.3 billion dollars in the first 11 months of 2022, CBSL data showed.Migrant workers’ remittances are one of the main sources of foreign revenues for Sri Lanka.