Remit foreign currencies to your accounts without fear: Cabinet Spokesman

Date:

Sri Lankans who have foreign currencies including US Dollars will have no problem opening accounts and having them remitted, said Cabinet Spokesman Bandula Gunawardena, speaking to the briefing held in announcing Cabinet decisions today (02).

The Minister added that no questioning will be done to those opening such accounts, providing the option that otherwise, they will be able to exchange the money into Rupees through banks. A special circular will be issued in this regard, Gunawardena revealed.

Joining the briefing, Foreign Employment Minister Manusha Nanayakkara noted that this opportunity will be given under a grace period and accordingly, these people will be allowed to deposit any amount of money in banks or to convert them into Rupees without being questioned regarding how they were earned.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Govt Orders Forensic Audit on BYD Imports Amid Rising Controversy

The Sri Lankan government has launched a full-scale forensic...

Govt Acts to Shield SMEs from Collapse as Loan Defaults Rise

Sri Lanka has launched a fresh support mechanism to...

Lifeline for Sri Lanka’s Struggling Fisherfolk: New Insurance Scheme Launched

:Sri Lanka’s inland and lagoon fishermen—who make up one...

PickMe Rides High with 50% Revenue Surge in Q1 FY2025/26

Digital Mobility Solutions Lanka PLC, the parent company of...