The Government has extended the period of validity of the measures introduced in July to restrict the outflow of foreign currency by a period of another six months effective from 2 January 2021, The Daily FT reported.
Prime Minister Mahinda Rajapaksa who is also the Minister of Finance issued the relevant Gazette notification extending the validity of the order made under the Exchange Act, No. 12 of 2017 in July.
The restrictions came into effect in April initially for three months. In July they were extended for six month and now for another six months. (FT)