Srilanka, Feb. 10 -- Remittances from Sri Lankans working abroad have continued to be strong providing much needed heft for the country's strengthening external sector and thereby the broader economy.
According to the data available through January 2025, Sri Lankans working abroad had sent back US$ 573.0 million via official channels, up sharply from the US$ 487.6 million recorded in the same month last year. This translated into a 17.5 percent growth between the two periods.
This compares with the US$ 613.8 million the country received a month ago in December 2024, capping the full year receipts from remittances at US$ 6,575.4 million, up 10.1 percent from a year ago and also the highest since 2020.
December usually brings the sec...
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