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

Crisis-hit Sri Lanka: Death toll rises to 465

Crisis-hit Sri Lanka: Death toll rises to 465

Swift Compensation Plan Launched for Farmers Hit by Widespread Flooding

Swift Compensation Plan Launched for Farmers Hit by Widespread Flooding

Private Credit Surge Signals Growing Risks and Opportunities in Economy

Private Credit Surge Signals Growing Risks and Opportunities in Economy

Sri Lanka Apparel Exports Show Resilience amid Global Market Challenges

Sri Lanka Apparel Exports Show Resilience amid Global Market Challenges