The Central Bank of Sri Lanka (CBSL) has reported a remarkable 57.5% increase in workers' remittances for the year 2023 compared to the previous year. The cumulative figure for January to December 2023 reached an impressive USD 5,969.6 million, signaling a substantial boost in foreign inflows.
Official figures reveal that workers' remittances in December 2023 amounted to USD 569.7 million, marking a noteworthy rise from November 2023 when inflows stood at USD 537 million.
This surge in remittances reflects positive trends in the country's economic landscape, underscoring the vital role played by overseas workers in contributing to the nation's financial resilience.
