Lankan expats invest Rs. 320m in treasury bonds

Uditha Kumarasinghe and Irangika Range

Rs. 320 million worth of foreign monetary assets have been received as a result of investments made in treasury bills by Sri Lankan expatriates. In response to the letter issued on January 1 by President Mahinda Rajapaksa, 202 Sri Lankans living abroad and expatriate workers have invested in treasury bills and treasury assets, State Revenue and Finance Minister Ranjith Siyambalapitiya told Parliament yesterday.

The Minister further said the country has received Rs. 120 million worth of foreign monetary assets as a result of the investments made in treasury bonds. The Minister was responding to a question raised by UNP MP Lakshman Kiriella.