October 9, 2022
1 min read

Breather for Lanka as foreign workers send more money

Compared to July 2022, workers’ remittances have jumped 29 percent, with an increase of 80 million U.S. dollars between July and September..reports Asian Lite News

The remittances sent by Sri Lankan foreign workers abroad increased by 10 per cent in September compared with August, 2022.

Statistics released by the Central Bank of Sri Lanka (CBSL) on Saturday showed that workers’ remittances grew to 359 million U.S. dollars last month from 325 million U.S. dollars in August, Minister of Labour and Foreign Employment Manusha Nanayakkara said.

Compared to July 2022, workers’ remittances have jumped 29 percent, with an increase of 80 million U.S. dollars between July and September, Xinhua news agency reported.

However, workers’ remittances in the first nine months this year are still 43 per cent lower than the remittances of the same period in 2021, the central bank said.

Last week, the governor of the Central Bank said that foreign remittances have increased steadily in the past few months due to the monetary policies.

ALSO READ: Welfare programme for 3.1 mn Lankan families

Previous Story

Kashmiri terror victims address UNHRC event

Next Story

Indian American professor awarded Rs 5.2 crore for cybersecurity research

Latest from -Top News

Modi: We’ll Hunt Them Down

The Prime Minister thanked nations that extended support to India in the aftermath of the terror attack…reports Asian Lite News In his first address after the horrific terror attack in Pahalgam, Jammu

Moscow Steps Up Afghan Diplomacy

Russia sees a potential economic partner in the Taliban authorities, who praised Moscow for scrapping the “terrorism” label last week…reports Asian Lite News Russia has announced that it will elevate the Afghan

World leaders condemn Kashmir terror attack 

Strong messages of condemnation of the terror attack came from leaders in different parts of the world including the US, Russia, UAE, Israel, Singapore, France, Sri Lanka and Iran  World leaders strongly

India downgrades ties with Pakistan 

The decision — which also included the downgrading of diplomatic ties with Pakistan — came after a meeting of the Cabinet Committee on Security (CCS), chaired by the PM   India on

Sindh Lawyers Lead Protests Against Canal Plan 

The protests, which have been ongoing for weeks, have gathered significant attention from various sectors of Sindh’s civil society, including nationalist parties, farmers, writers, and members of the legal community.  Judicial activities
Go toTop

Don't Miss

PM Rajapaksa expresses distress over Rambukkana violence

Sri Lanka police imposed a curfew in the Rambukkana Police

Emergency health situation declared

During a meeting, the GMOA revealed that there would be