Exporters to get Rs. 30 extra per USD converted  – The Morning


  • Cabinet approves request made by Bandula 

The Cabinet of Ministers yesterday (8) granted approval to pay an incentive of Rs. 30 per US dollar (USD) on export earnings with the expectation of easing the difficulties faced by exporters. 

This proposal, which was furnished by Minister of Trade Bandula Gunawardana and presented to Parliament, requested to pay an incentive of Rs. 30 per US earned on export earnings over the previous quarter to companies that have achieved at least 10% export progress compared to the corresponding quarter of the previous year.

The exporters encounter difficulties in making capital in USD due to high inflation, which has now risen to a double-digit figure, foreign exchange deficit, restrictions on imports of raw materials, as well as high operating costs. 

The implementation of this incentive scheme for exporters is expected to generate additional

revenue of $ 5,500 million in 2022 over export earnings in 2021. 


Please enter your comment!
Please enter your name here

Share post:




More like this

පවිත්‍රගෙන් සැමියාගෙන් ප්‍රකාශ ගනී

අරලියගහ මන්දිය හා ගාලුමුවදොර පිටිය අසල ඉකුත් (09) දින...

මරදාන පොලිසිය ඉදිරිපිට තාප්පයෙත් විරෝධතා පළකරලා

මරදාන පොලිසියේ ඉදිරිපත් තාප්පයේ කිසියම් පිරිසක්...

සා පෙළ විභාග කාලයේ විදුලිය කප්පාදු කරන්නේ නෑ

අපොස සාමාන්‍ය පෙළ විභාගය පැවැත්වෙන මේ මස 23 වැනිදා...