Sri Lankan expatriate workers form the largest source of income in terms of foreign exchange brought to our country. It is the bounden duty of His Excellency the President as well as the Government to ensure maximum welfare of the families of our expatriate workers. In appreciation, it is proposed to create a Pension Scheme for expatriate workers, as well as to increase rates of interest on Non Resident Foreign Currency Accounts.
In addition, our Ministry plans to create new markets for skilled labour, and maximize earnings in the form of foreign exchange.
Overseas employment is the largest source of foreign exchange in the Sri Lankan economy.
Since 1970's when formal employment migration commenced, foreign employment has
generated substantial inflows of remittance at the same time relieving pressure on unemployment
of youth by providing employment abroad. An estimated 1.7 million Sri Lankans are employed
abroad impacting nearly 25% of our population. A total of 293,105 (59.7% of males &40.3%
females) left for employment in 2013. During 2013, total remittances received amounted to US
$. 6.4 Billion (LKR 827.7 Billion)
To be the leading policy maker and implementer to create gainful foreign employment opportunities, whilst protecting rights of migrant workers and ensuring their welfare and protection.
To convert the entire labour migration sector into a demand driven process and make it highly competitive by introducing required structural changes together with necessary promotional and welfare activities to meet the international market challenges considering the importance of its contribution to the national economy.”
Functions of the Ministry:
Formulation and implementation of policies, programms and projects for Foreign Employment industry
Promotion of Foreign Employment
Welfare of migrant workers
Regulation and Supervision of Employment Agencies.
Career guidance on Foreign Employment
Supervision of SLBFE and SLFEA
Welfare of expatriate Sri Lankans.
Institutions under the Ministry
Establishment of a Database of Overseas Sri Lankans
Overseas Sri Lankans are one of the most worthy assets of Sri Lanka. However, still we have not taken any positive initiative to harness the potential of this valuable resource, which will be beneficial to both overseas Sri Lankans and to our country. In view of above situation, this ministry has planned to implement a program to get the details of all overseas Sri Lankans entered into a data base with the assistance of Sri Lanka...