CBSL extends additional incentives for inward workers’ remittances
The Central Bank of Sri Lanka (CBSL) says it has decided to extend the payment of an additional Rs. 10.00 per US dollar for worker remittances channeled through licensed banks and other formal channels and converted into Sri Lankan rupees, until January 31.
“The Central Bank of Sri Lanka (CBSL), having considered the requests made by Sri Lankans working abroad, has decided to continue the payment of additional Rs. 8.00 per US dollar for worker remittances, paid in addition to the incentive of Rs. 2.00 per US dollar under ‘Incentive Scheme on Inward Workers’ Remittances’, for such workers’ remittances channeled through Licensed Banks and other formal channels and converted into Sri Lankan rupees, until 31.01.2022.”
The central bank said the decision to continue this additional incentive of Rs. 10.00 per US dollar is in response to the favourable developments observed in workers’ remittances so far during December 2021.
