The cabinet has given its approval for the orders to select the eligible persons for the payment of welfare benefits.
Accordingly, approval has been granted to select the appropriate persons to provide these welfare benefits under the provisions of the Welfare Benefits Act No. 24 of 2002.
A gazette containing the order was issued on October 20 last.
The relevant proposal was presented to the Cabinet by the Minister of Monetary Economic Stabilization and National Policy President Ranil Wickramasinghe.
Also, the cabinet has approved the proposal to make payments using the foreign exchange remitted by foreign companies when local companies import raw materials needed to produce goods for the Sri Lankan market.
The proposal was presented to the Cabinet by President Ranil Wickramasinghe as the Minister of Finance and related orders are issued under Section 07 and 01 of the Foreign Exchange Act No. 12 of 2017.