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Workers' Remittances

Incentives for Sri Lankan Migrant Workers

Considering the importance of steady inflow of workers’ remittances, the Government and the Central Bank of Sri Lanka (CBSL) are in the process of taking steps to ensure that remittances reach their full potential in a manner that is beneficial to the worker as well as to the country.

Proposed incentives for Sri Lankan Migrant Workers

CBSL will be extensively involved in the process of introducing new schemes to enhance migrant workers' welfare in collaboration with other relevant authorities. In this regard, CBSL will continue to work with key stakeholders in the foreign employment sector such as the Ministry of Labour & Foreign Employment and Sri Lanka Bureau of Foreign Employment as well as the banking sector and several other stakeholders to introduce incentives schemes for migrant workers. These incentives include the banking facilities such as low interest loans and enhanced duty-free concessions for migrant workers.