Sri Lanka has reported a marginal decrease in workers’ remittances in September 2023 compared to the previous month of August 2023. Official figures indicate that remittances received in September amounted to USD 482.4 million, whereas in August 2023, the inflows reached USD 499.2 million.
Despite this month-to-month decline, the cumulative figure for the period of January to September 2023 shows a positive trend, with total remittances amounting to USD 4,345.1 million. This marks a substantial increase of 68.8% when compared to the corresponding period in 2022, reflecting sustained growth in remittance inflows during the year.
