SL’s additional incentives for Inward Workers’ Remittances scheme extended indefinitely

News

The Central Bank of Sri Lanka (CB) has extended until further notice a scheme where Sri Lankans working abroad were provided an incentive of Rs. 10 per US dollar for worker remittances.

The CB in a statement on Monday said this scheme - first announced for the month of December and extended to end January 2022 - has been extended until further notice as it had drawn a good response from workers stationed abroad.

The CB said that banks are also required to sell to the banking regulator, on a weekly basis, 25 per cent of foreign currency held by them on behalf of the public.

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

June 2, 2025

- 386 - 0

SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.

June 3, 2025

- 228 - 0

Krishanthi Kumaraswami convicts FR dismissed by SC

The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.

June 6, 2025

- 221 - 0

SriLankan flight grounded in Indonesia

A SriLankan airlines flight has been grounded in an airport in Indonesia due to a technical defect leaving 93 passengers stranded, an official said.

June 10, 2025

- 203 - 0

Sri Lanka loses its membership of the Open Government Partnership

June 5, 2025

- 188 - 0

Alert Moratuwa resident averts railway derailment

The actions of a resident in Egoda Uyana, Moratuwa helped to avoid a possible railway accident involving an office train on the southern coastal line today, the Railway Department said.

June 9, 2025

- 184 - 0

Protest in Colombo over attack on food aid ship to Gaza

A protest is underway at the Liberty Circle following Israeli forces attacking an aid ship to Gaza containing prominent activists carrying food to try and end the blockade of resources by the Israeli Government.