Sri Lanka’s workers’ remittances for the period January-July 2022 have dropped by 50 per cent compared to the amount remitted in the corresponding 2021 period, according to the latest data prepared by the Central Bank released on Friday.
Accordingly, remittances for the 2022 period were recorded at US$1,889.4 million as against $3,777.6 million in January-July 2021 while July 2022 remittances were $279.5 million compared to $453.3 million in July 2021.
In the case of forex from tourism it was a different story. Earnings grew to $824.9 million in January-July 2022 compared to $50.4 million in the same 2021 period with the increase largely due to higher arrivals this year.
Arrivals in the 7-months ending July 2022 were 458,670 compared to 19,337 in the same 2021 period.
A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
Read these and more on tomorrow’s edition of the Sunday Times
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