Remittances make an indispensable contribution to the Sri Lankan economy. In 2018, despite experiencing a decline for the second consecutive year, the country received remittances of over USD 7 billion, accounting for 7.9% of the GDP. Often, remittances to Sri Lanka are attributed to the temporary migrant workers and viewed from a national perspective. Nevertheless, as highlighted […]
The Devil is in the Details: A Closer Look at Remittances in Sri Lanka
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