Sri Lanka has been looking at improving foreign employment opportunties inorder to raise incoming foreign remittance. This infographic based on the most recent statistics gives an overview of the migrant workers.
I am working overseas. I come back soon after now two year here. I will leave most of my earnings in my bank account here. I can send it back to Sri Lanka any time in the future. I will not send back like I used to do previous stints overseas because exchange rate is so bad. Five years ago there was no peg/fixing like now. I expect real value of rupee is now only Rs. 550 per USD now. Even outside channel I can send at Rs. 400 to 430 rupee per dollar easy.
State Minister of Finance Shehan Semasinghe said that action to remove import restrictions on all items apart from vehicles will take place next month.
The Colombo International Book fair which is deemed as the largest book exhibition in Sri Lanka commenced yesterday, at the Bandaranaike Memorial International Conference hall (BMICH).
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