Expats remit over US$ 2.3 b this year

Sri Lankan expatriate workers have remitted over US $ 2.3 billion to Sri Lanka in the first five months of this year.

Labour and Foreign Employment Minister Manusha Nanayakkara said that in May 2023 remittances by expat workers amounted to USD 480 million.

In January this year, expatriate workers sent US $ 437.5 million and in February they sent US $ 407.4 million. In March expatriate workers sent US $ 868.3 million which is the highest for a single month so far. In April, expatriate workers sent US $ 454 million to this country.