The government has decided to extend the time period used for the calculation of foreign remittances on the basis that Sri Lankan migrant workers are issued permits to import electric vehicles.
As per the latest Cabinet decision, the time period for the calculation of foreign remittances to permit Sri Lankan migrant workers to import electric vehicles has been extended to September 15, 2023.
During an earlier Cabinet meeting, approval was given to allow Sri Lankan migrant workers to obtain permits to import electric vehicles based on their foreign remittances sent via legal channels.
As per the Cabinet decision, the foreign remittances contribution was to be calculated from May 1, 2022, to December 31, 2022.
However, it has been identified that the said period was not sufficient for Sri Lankan migrant workers to import electric vehicles of their choice.
Thereby, a proposal was made by Minister of Foreign Employment Manusha Nanayakkara to extend the foreign remittances calculation period from May 1, 2022, to September 15, 2023, which received Cabinet approval. (NewsWire)
