Continuation of Measures Taken to Preserve the Foreign Currency Reserve Position of Sri Lanka

With a view to preserve the foreign currency reserve position of the country and considering the possible negative impact to the Sri Lankan economy due to the Covid-19 pandemic situation, the Hon. Minister of Finance with approval of the Parliament has issued an Order published in the Gazette Notification No 2206/25 dated 18 December, 2020, extending the period of validity of the Order published in the Extraordinary Gazette Notifications No. 2182/37 dated 2 July, 2020, for further six months from 2 January, 2021, based on the recommendations made by the Monetary Board of the Central Bank of Sri Lanka.

Accordingly following restrictions on outward remittances on Capital Transactions will be effective till 1 July 2021.


Published Date: 

Tuesday, January 5, 2021