The Finance Ministry has take a decision that export earnings should be brought in to Sri Lanka within a specific time period and if this is not followed it would be considered a breach of the Exchange Control Act, said Deputy Governor of the Central Bank of Sri Lanka, Dr. Nandalal Weerasinghe in response to a query by Ada Derana Biz.
While adding further, the deputy Governor said since this comes under the Exchange Control Act, fines could be imposed in case of any violations.
The views of Central Bank Deputy Governor Dr. Nandalal Weerasinghe are below: