The Central Bank of Sri Lanka (CBSL) will introduce an export
proceeds monitoring mechanism to improve the foreign exchange management system.
The information that the Central Bank will be collecting under this system will
also help to improve the compilation of balance of payments statistics and
analysis of external sector developments. All exporters are kindly requested to
furnish details on exports and export proceeds to the Controller of Exchange on a
quarterly basis.
This monitoring mechanism will be implemented with effect from 03 January 2005.
The relevant forms with the necessary guidelines will be made available to all
exporters.