Friday, April 24, 2020

World Bank projects 19% decline in remittance for Sri Lanka

COLOMBO (News1st): The World Bank has projected that remittances received by Sri Lanka will drop by 19 percent in 2020 due to the global crisis induced by the COVID-19 pandemic and declining oil prices. “The impending global recession creates less stability and job security for Sri Lankan-origin migrant workers, who under normal circumstances would remit […]

World Bank projects 19% decline in remittance for Sri Lanka

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