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* Foreign workers’ remittances in October exceeded $517 million
Tue, Nov 14, 2023, 01:58 am SL Time, ColomboPage News Desk, Sri Lanka.

Nov 13, Colombo: Expatriate workers have sent 517.4 million dollars to the country in October and 7.6 billion dollars have been received as foreign workers’ remittances since last May when the Minister of Labor and Foreign Employment Mr. Manusha Nanayakkara assumed office.

Accordingly, the amount of foreign remittances received in October of this year shows an increase of 45.63 percent compared to the 355.4 million US dollars received in October last year.

Also, in the first ten months of this year, 4.86 billion US dollars have been received as foreign remittances.

In the first ten months of last year, 2,929.4 million US dollars have been received as foreign remittances. Accordingly, the receipt of foreign remittances has increased by 66 percent in the first ten months of this year compared to the same period last year.

 

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