The Cabinet of Ministers have decided yesterday to suspend all restrictions on foreign currency inflows into Sri Lanka during COVID-19 prevention period, defined as three months commencing from April 2, a circular issued by the General Treasury said.
The move came in the wake of Central Bank also appealed to overseas Sri Lankan and locally-based Sri Lankans with foreign currency assets to invest their money in Sri Lankan banks and finance companies to help the country stave off an impending foreign currency crisis.
The appeal, made with the approval of the Cabinet of Ministers, invited Sri Lankan living abroad and here with foreign currency savings to invest during a period of three months starting from April 2. “Your foreign currency deposits in the Sri Lankan banking system at this difficult stage will be of immense help to authorities to tide over the present crisis,”
You can share this post!
Content
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
Leave Comments