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Friday, April 19, 2024

300,000 depart for foreign employment in 2022

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Workers’ remittances in 2022 amounted to US dollars 3,789 million, in comparison to US dollars 5,491 million in 2021, recording a decline of 31.0 per cent, though a notable recovery was witnessed during the latter part of the year.

Meanwhile, workers’ remittances increased to US dollars 476 million during December 2022, in comparison to US dollars 384 million in the previous month, recording the highest monthly remittances during 2022.

Total departures for foreign employment during 2022 were recorded at 299,934, contributed mainly by the unskilled (101,786), skilled (88,215) and domestic aid (73,781) categories. Total departures for foreign employment were recorded at 23,407 during the month of December 2022.

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