Workers’ remittances up 10% in February

Monday, 19 April 2021 03:26 - - {{hitsCtrl.values.hits}}

Workers’ remittances in February have grown by 10% year on year to $ 580 million, Central Bank said on Friday.

This increase led cumulative workers remittances to record a growth of 13.2% year-on-year, to $ 1.25 billion in the first two months of 2021 in comparison to the corresponding period of 2020. In January, the figure was $ 675 million, up by 16.3% from a year earlier.

Last year Sri Lanka received $ 7.1 billion worth of workers’ remittances up by 5.8% from 2019.

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