Sri Lanka's remittance increases in December-Xinhua

Sri Lanka's remittance increases in December

Source: Xinhua| 2023-01-14 23:43:15|Editor: huaxia

COLOMBO, Jan. 14 (Xinhua) -- Sri Lankan migrant workers remitted 475.6 million U.S. dollars in December 2022, Minister of Labor and Foreign Employment Manusha Nanayakkara said on Saturday.

This was a 46 percent increase from December 2021, during which workers sent 325.2 million dollars, the minister told media.

However, in 2022 Sri Lankan workers remitted 31 percent less money than in 2021, according to Central Bank data.

In 2021, Sri Lankan workers sent 5.49 billion dollars, and only remitted around 3.8 billion dollars in 2022, the data revealed.

Workers' remittance is one of main sources of foreign revenues for Sri Lanka.

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