On a proposal made by Dilan Perera, Minister of Foreign Employment Promotion and Welfare, the Cabinet of Ministers decided to grant relevant tax exemptions for importation of machinery and equipment for returnee migrant workers to invest on new businesses. The State Banks will to provide special loan schemes for these workers under stipulated conditions. According to the government, foreign exchange earnings totaled to US $ 5.2 billion (Rs. 692) in 2011 amidst a global economic showdown. This was disclosed at the weekly Cabinet press briefing held today (29).
http://www.nation.lk/edition/breaking-news/item/12949-five-year-tax-exemption-on-investment-by-migrant-workers.html