Sri Lanka’s recent apparel wage hikes have raised nominal pay, but currency depreciation has limited real gains.
While manufacturers benefit from lower dollar-denominated labour costs, workers continue to face a wide gap between minimum wages and living costs, highlighting persistent structural pressures in a sector central to the country’s export economy.Sri Lanka’s recent apparel wage hikes have raised nominal pay, but currency depreciation has limited real gains.
While manufacturers benefit from lower dollar-denominated labour costs, workers continue to face a wide gap between minimum wages and living costs, highlighting persistent structural pressures in a sector central to the country’s export economy.
