Sri Lanka, Oct. 1 -- Following discussions with Central Bank officials regarding Foreign Exchange Regulations Nos. 01 and 02 of 2026 and the Order issued under Section 22 of the Foreign Exchange Act, the Committee on Public Finance approved the said Regulations and Order.

The matter was considered at a meeting of the Committee on Public Finance held in Parliament recently under the chairmanship of Member of Parliament Dr. Harsha de Silva. The Committee examined the relevant provisions relating to foreign investments, the transfer of funds overseas by emigrants, and measures to control foreign exchange outflows from the country.

The Committee focused on the provisions relating to investments made overseas by persons resident in Sri Lanka...