He said gem exports yielded an income of $ 230 million in 2022 Dasanayake shared the numerous strategic decisions undertaken to boost the authority’s profits.

Addressing historical concerns surrounding foreign exchange remittance from gem exports, he highlighted the implementation of a novel customs clearance system.

The State Minister also underscored the financial progress of the authority, revealing that revenue from licensing and assessment fees in the previous year amounted to Rs. 144 million.

However, the current year has marked a significant increase, with a substantial profit of Rs. 288 million.