Migrant worker remittances to top USD 7 bn this year

Action against sleeping job agencies

by Maheesha Mudugamuwa

The Sri Lanka Bureau of Foreign Employment (SLBFE) will take immediate action against non-performing job agencies registered with it. 

According to the Bureau, only 700 job agencies were currently providing overseas job opportunities to Sri Lankans though 2,500 such agencies were registered with it. 

The SLBFE monitored the agencies and stern legal action would be taken against those who charged exorbitant fees from job seekers, a spokesman for the bureau said.  

However, Foreign Employment Promotion and Welfare Minister Dilan Perera recently ordered SLBFE officials to investigate complaints against errant foreign employment agencies and urged them to keep a watchful eye on agencies to ensure that they conducted their businesses properly.    

Meanwhile, SLBFE’s special investigating unit will conduct raids on illegal foreign employment agencies which dupe Sri Lankans, mostly women, by promising them employment in West Asian countries and forcing them to part with large sums of money. Meanwhile, the SLBFE expects Sri Lankan migrant worker remittances to surge over USD $7 billion at the end of this year, an increase of at least USD $1 billion from the previous year.   

In 2012, migrant worker remittances rose to USD $ 6.1 billion, the highest contribution from a single sector to the country’s foreign revenue earnings. The workers’ remittances were 10 percent of the country’s GDP in 2012.

animated gif
Processing Request
Please Wait...