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

Tourism Law Overhaul Sparks Clash Between State and Industry

Sri Lanka’s tourism sector is heading toward a defining...

Divestment Push Rekindles Scrutiny of Troubled Hyatt Megaproject

Sri Lanka’s renewed attempt to divest its stake in...

IMF Program under Stress as NPP Government Faces Reality Test

The JVP-led National People’s Power (NPP) Government’s stewardship of...

Sri Lanka’s Wind Energy Drive Gains Momentum amid Ambitious Targets

Sri Lanka’s wind energy sector is entering a decisive...