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New Order relaxing outward remittances of foreign exchange
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<blockquote data-quote="warwickuni" data-source="post: 29058031" data-attributes="member: 101444"><p>No need for six months suspension to remit Black Money as they were 'hand carried' much earlier by MR, GR and the associates. Remember infamous private jet flown to Uganda? CBSL and MOF would have informed all of Black Money depositors , much earlier than the imposing restrictions. So no need to lift for six months again.</p><p>Only , honest middle income earner's foreign income remittances were affected. They could not even send money to children who are studying full time!</p><p>One other point is the changes are not significant to remittances of large amounts except for emigrants. Next issue is whether the banks have reserves of FC to honour any large outward remittances.</p></blockquote><p></p>
[QUOTE="warwickuni, post: 29058031, member: 101444"] No need for six months suspension to remit Black Money as they were 'hand carried' much earlier by MR, GR and the associates. Remember infamous private jet flown to Uganda? CBSL and MOF would have informed all of Black Money depositors , much earlier than the imposing restrictions. So no need to lift for six months again. Only , honest middle income earner's foreign income remittances were affected. They could not even send money to children who are studying full time! One other point is the changes are not significant to remittances of large amounts except for emigrants. Next issue is whether the banks have reserves of FC to honour any large outward remittances. [/QUOTE]
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