December: Sri Lanka foreign worker remittances increased

Sri Lankan migrant workers’ foreign remittances was recorded as US$ 475.6 million in December 2022.

As per Central Bank of Sri Lanka (CBSL) data, It is a 46% (US$ 150 million) increase compared to the inflows recorded in December 2021.

Remittances in December also showed an improvement compared to the previous month, which was recorded as US$ 384.4 million (Nov 2022)

However, as per CBSL data, 2022 recorded the lowest yearly total of foreign worker remittances Sri Lanka has received in the last 8 years, with a total of US$ 3.78 billion. (NewsWire)

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