Foreign worker ban to trigger housing cost rise and severe labor shortage
Starting 2027, workers from India and Sri Lanka will enter only via official channels, sparking labor shortage warnings and housing cost increase fears.
Starting 2027, workers from India and Sri Lanka will enter only via official channels, sparking labor shortage warnings and housing cost increase fears.
The move was formulated by the Finance Ministry led by Budget Commissioner and Chief Economist due to rising spending and need for revenue. Next government will approve a two-year budget in 2027.
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