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Bandula urges migrant staff to ship extra {dollars}!



Commerce Minister Bandula Gunawardena stated that there’s a large scarcity of {dollars} to import items to Sri Lanka.

He added that the explanation for this was the depletion of greenback reserves as a result of mismanagement of overseas reserves through the earlier regime.

He additionally factors out that the state of affairs has been exacerbated by the drying up of a supply of overseas foreign money because of the corona epidemic.

He stated Sri Lanka had no capacity to print {dollars} and invited Sri Lankans residing overseas to ship as many {dollars} as attainable to the nation to flee the disaster.

The minister additionally stated that if the Sri Lankan greenback reserves don’t enhance, the nation is not going to be able to subject any letters of credit score for importing items from overseas.

On this state of affairs, he stated, the entire nation would come to a standstill if it was not attainable to import rice flour sugar and petroleum sooner or later.





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