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Jan, Feb combined remittances reach $ 800 mn

Jan, Feb combined remittances reach $ 800 mn

14 Mar 2023

Sri Lankan migrant workers’ foreign remittances amounted to a total of $ 844.9 million in the first two months of 2023, the Central Bank of Sri Lanka (CBSL) said.

According to a latest report published by the Central Bank, this is an increase of 82% in comparison to the total sum of $ 464.1 million foreign remittances recorded in both January and February last year.

The Central Bank’s figures have shown that the foreign remittances earned by Sri Lankan migrant workers’ were at $ 437.5 million and $ 407.4 million in January and February 2023, respectively.

Meanwhile, foreign remittances received in December 2022 alone amounted to $ 475.6 million, recording the highest figure reported in a single month since June 2021.



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