Sun, 03 Jul 2022

COLOMBO, May 22 (Xinhua) -- Sri Lanka received 248.9 million U.S. dollars in workers' remittances in April, a drop of over 50 percent compared to the same period of last year, the central bank said on Sunday.

Between January and April 2021, Sri Lanka received 2.38 billion dollars in workers' remittances, which have dropped to 1.03 billion dollars this year, according to the central bank.

Meanwhile, between January and April 2022, Sri Lanka earned 626.4 million dollars from tourism, which jumped from 36 million dollars during the same period last year.

Tourism and workers' remittances are vital sources of foreign currency earnings for Sri Lanka.

The South Asian country received 5.5 billion dollars in remittances in 2021, down 23 percent from 7.1 billion dollars in 2020.

Sri Lanka welcomed over 2.3 million tourist arrivals in 2018, the highest in its history, which dipped to 1.9 million in 2019 following the Easter Sunday bombings.

In 2020 and 2021, the numbers dropped dramatically due to the COVID-19 pandemic.

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