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

Serviced Office Giant Kerner Haus Bets Big on Colombo Hub

Kerner Haus Global Solutions PLC has taken a decisive...

Flood Crisis Threatens Sri Lanka’s Vital Export Sector Stability

Sri Lanka’s export industry is facing one of its...

Sri Lanka Customs Revenue Surges 65% despite Past Corruption Allegations

Sri Lanka Customs, long criticized as a state institution...

Rapid Emergency Repairs Push Sri Lanka Telecom Services toward Recovery

Sri Lanka’s catastrophic cyclone flood disaster has not only...