(UTV | COLOMBO) – Regulations that were imposed to prevent unrestrained outflow of foreign exchange from the country, have been extended by another six months from the 2nd of July onwards.
The proposal was tabled by Prime Minister Mahinda Rajapaksa in his capacity as the Minister of Finance before the Cabinet of Ministers yesterday.
Speaking at the media briefing on Cabinet decisions held this morning Co-Cabinet Media Spokesman Minister Bandula Gunawardena said the Prime Minister had also sought Cabinet approval to amend certain laws within the Exchange Control Act, which are an obstacle to the inflow of foreign exchange to the country.
