The Sri Lankan government this week confirmed it will lift its ban on vehicle imports into the country this year, as it looks to increase its import tax revenues and improve public finances. The ...

Sri Lanka imported about $1.4bn worth of vehicles in the year before the ban was imposed. This year the central bank says it's planning to allocate up to a billion dollars for vehicle imports, but ...

Colombo, Dec 18 (PTI) Sri Lanka has announced that they will lift the vehicles import ban which was put in place in 2020 to ease the pressure on foreign exchange reserves due to the COVID-19 pandemic.

The Sri Lankan government this week confirmed it will lift its ban on vehicle imports into the country this year, as it looks to increase its import tax revenues and improve public finances.

Sri Lanka is guided by IMF conditions that its forex reserves have to be maintained and built in order to avoid another 2022 type crash of the economy. With the aid of USD 2.9 billion IMF bail-out in ...

Sri Lanka imported about $1.4bn worth of vehicles in the year before the ban was imposed. This year the central bank says it's planning to allocate up to a billion dollars for vehicle imports, but ...

Sri Lanka has announced that they will lift the vehicles import ban which was put in place in 2020 to ease the pressure on foreign exchange reserves owing to the COVID-19 pandemic.. By the gazette ...

Sri Lanka imported about $1.4bn worth of vehicles in the year before the ban was imposed. This year the central bank says it's planning to allocate up to a billion dollars for vehicle imports, but ...