NSB joins IFAD to celebrate first-ever International Day of Family Remittances

An interview with Chandula Abeywickrema, Consultant – Strategy and Marketing, National Savings Bank (NSB)

The first-ever International Day of Family Remittances declared by the International Fund for Agricultural Development (IFAD) is celebrated today (June 16) to primarily recognize the sacrifices made by 250 million international migrants worldwide on behalf of their families.

The Rome-based IFAD champions the development of global remittances by migrant workers living outside the country they call home.

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Sri Lanka worker remittances growth stagnant

Growth in Sri Lankan worker remittances, which has helped shore up the balance of payments, was virtually stagnant last year, raising concerns since much of it comes from the troubled Middle East.
Workers’ remittances grew by just 0.8 percent to 6,361.8 million US dollars in the January-November 2015 period from a year ago, the central bank said in its report on the latest economic developments.

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