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Wednesday, May 8, 2024

Cabinet green-lights measures to promote migrant worker remittances

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The Cabinet of Ministers, at the meeting held on Tuesday (Oct. 25), has given the approval to implement two measures to promote migrant worker remittances.

Accordingly, Sri Lankan migrant workers will be allowed to import four-wheeled electric vehicles equivalent to 50% of the value of remittances they have transmitted to Sri Lanka through official channels from May 01, 2022, to December 31, 2023.

In addition, Sri Lankan migrant workers will be permitted to import motorcycles equivalent to 50% of the value of remittances they have transmitted through legal channels until April 30, 2023, or the day application is submitted.

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