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Monday, 24 December 2012 - 8:35
SL foreign remittances to reach a record US 6 billion dollar mark
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Sri Lankan foreign remittances will reach a record US 6 billion dollar mark, by the end of this year.

This figure was 5.2 billion US dollars last year and 4.7 billion US dollars in 2010.

One of the main reasons for the figure rise was the policy shift of sending more qualified and semi qualified Sri Lankans for overseas employment.

In addition moving away from the traditional Gulf market too, has helped Sri Lanka to consolidate its position in the foreign remittance market.

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