Extraordinary Gazette Notification from the CBSL on Export Earnings

Date:

The Central Bank of Sri Lanka has issued a special gazette notification imposing rules on the importation of export earnings to Sri Lanka.

Accordingly, foreign exchange earnings from all export goods and services are required to be remitted to Sri Lanka within 180 days of shipment or service.

The money must be converted into Sri Lankan Rupees by the 7th of next month, after the authorized payment has been made.

Read the Gazette Notification

Share post:

spot_imgspot_img

Popular

More like this
Related

Are the Jury and the Executioner the Same in Seeppukulama, Mihintale? Outrage as Elephant Killed in Brutal Attack

Are the Jury and the Executioner the Same in Seeppukulama, Mihintale? Outrage as Elephant Killed in Brutal Attack

Government’s Policy Reforms Risk Delaying Cyclone Recovery

Sri Lanka’s post-cyclone recovery effort stands at a crossroads...

Rs.150 Million e-Court Push Tests Government’s Reform Credibility

The government’s decision to allocate Rs. 150 million for...

Economic Engines Slow but Stay Resilient in November

Sri Lanka’s manufacturing and services sectors maintained expansion in...