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,”
Popular grade five tuition teacher, Hayeshika Fernando wanted over assaulting a 21 year old youth was granted bail today after she surrendered to courts.
A British national had been arrested over attempting to smuggle in the largest haul of kush( drugs) from Thailand, customs said.
The Government of Sri Lanka maintains that the allegation of genocide during the final phase of the conflict in Sri Lanka is unsubstantiated by any credible authority, either nationally or internationally, and is based on misleading information. Sri Lanka firmly rejects this false narrative and believes it has been propagated primarily for electoral gains within Canada.
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