Remittances from expat workers rise

Sri Lankan workers had remitted USD 476 million in June 2023, Minister of Labour and Foreign Employment, Manusha Nanayakkara, said on Saturday.

He added that they had remitted only 274.3 million dollars in June 2022.

Minister Nanayakkara said that total remittances up to June 2023, amounted to USD 2.82 billion.

“We are still below 2021 levels, but we will get there hopefully,” he said.

In 2021, Sri Lankan expatriate workers sent USD 5.49 billion dollars, which dropped to 3.8 billion dollars in 2022.