Sri Lanka’s Workers’ Remittances Slightly Decrease in September 2024

Date:

October 12, Colombo (LNW): Sri Lanka’s workers’ remittances amounted to USD 555.6 million in September 2024, reflecting a slight decrease compared to the USD 577.5 million recorded in August 2024. Despite the monthly decline, this figure marks a significant improvement from September 2023, when remittances stood at USD 482.4 million, showcasing year-on-year growth. The continued inflow of remittances remains crucial for the country’s foreign exchange reserves and economic stability.

Share post:

spot_imgspot_img

Popular

More like this
Related

UK Businessman Donates Rs. 10 Million to ‘Rebuilding Sri Lanka’ Fund for Cyclone Ditwa Recovery

News Article: To restore the lives of people affected by...

After X-Press Pearl: Why Sri Lanka Cannot Rely on Port Discretion to Prevent Maritime Disasters

After X-Press Pearl: Why Sri Lanka Cannot Rely on Port Discretion to Prevent Maritime Disasters

Sri Lanka’s Garment Industry Set to Soar under New UK Trade Rules

A technical change in trade rules rarely makes headlines....

Sri Lanka’s Export Push: Ad Hoc Drive or Calculated Boost? Critics Weigh In

Sri Lanka Expo 2026 is a Major Export Showcase...