Incentive Scheme on Inward Worker Remittances as per Budget Proposal 2021

The Budget 2021 has proposed an incentive scheme above the normal exchange rate for the foreign exchange remittances sent by foreign workers through all Licensed Banks registered under Central Bank of Sri Lanka.

Accordingly, the foreign currency income earned through an employment by a Sri Lankan national who is working or has worked abroad will qualify to receive additional Rs. 2 per US Dollar remitted and converted to Rupees through the formal channels of all licensed Banks.

Notice by Central Bank of Sri Lanka to all Licensed Banks

 

Permanent Mission of Sri Lanka to the UN
Geneva

01.06.2021