header logo
Asia asset finance
Mogo Academy
Latest
Govt to facilitate electric vehicle imports by migrant workers to promote remittances
Aug 02, 202211:55 AM
Govt to facilitate electric vehicle imports by migrant workers to promote remittances
Mobitel Inner

The Cabinet of Ministers has given the nod for two proposals made by Minister of Labour and Foreign Employment Manusha Nanayakkara to promote migrant worker remittance.

 

Accordingly, the provision of an additional duty concession allowance for migrant workers upon their arrival based on the amount of remittance transmitted through official channels was approved by the Cabinet of Ministers.

 

Further, a license to import an electric vehicle equivalent to 50% of remittance transmitted through legal channels was also green-lighted.

 

If a migrant worker has transferred more than USD 3,000 will be allowed to import an electric motorcycle. Meanwhile, those who have transferred more than USD 20,000 will be permitted to import an electric car priced half of the amount transmitted to Sri Lanka, up to a maximum of USD 65,000.

 

However, they should also purchase or import a solar power system to provide the electricity required to charge the vehicle they import, as these electric vehicles are not allowed to be charged through the national grid, Minister Nanayakkara said.

 

The circular regarding the number of electric vehicles that are allowed to be imported through this new system is expected to be published soon.

 

In a statement, the government said increasing the migrant worker remittances to Sri Lanka is a solution to the foreign exchange crisis in the country. To this end, an officers committee was appointed as per the decision of the Cabinet of Ministers on June 27 this year to study the facts and make recommendations regarding the relief and incentives to be given to them.

 

Cabinet of Ministers approved Minister Nanayakkara’s proposal presented in accordance with the recommendations of the said committee.

 

Meanwhile, Minister of Power and Energy Kanchana Wijesekara has agreed to a proposal made by Minister Nanayakkara to issue fuel passes for tourists, migrant workers, and dual citizens who are willing to pay in USD at the airport.

 

 

 

MostRead
Mobitel Upahara
VideoStories
President’s recent speech made no reference to actual concerns – MP Dilith

President’s recent speech made no reference to actual concerns – MP Dilith

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

Colombo EV Motor Show 2026 officially inaugurated

Colombo EV Motor Show 2026 officially inaugurated

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

Lassana Flora