Import Restrictions on Hundreds of Items in Sri Lanka Set to Ease Next Week

Date:

In a recent statement, State Minister of Finance, Ranjith Siyambalapitiya, disclosed that the existing import restrictions on hundreds of items are expected to be relaxed as early as next week. He revealed that approximately 300 to 400 items currently subjected to import controls will see a relaxation of these measures.

The State Minister emphasized the government’s intention to ease the import restrictions, which have been in place to address various economic challenges faced by Sri Lanka. The move aims to stimulate trade and provide more flexibility for businesses and consumers in accessing essential goods and materials.

Share post:

spot_imgspot_img

Popular

More like this
Related

Emergency IMF Loan Tests Sri Lanka’s Reform Credibility

Emergency IMF Loan Tests Sri Lanka’s Reform Credibility

A Test of Policy Credibility: Economics Behind Malwathu Oya Revival

A Test of Policy Credibility: Economics Behind Malwathu Oya Revival

Cost Pressures Reshape Sri Lanka’s IT-BPO Growth Model

Cost Pressures Reshape Sri Lanka’s IT-BPO Growth Model

Global Competition Pushes Sri Lanka Tech Sector to Rethink Rewards

Global Competition Pushes Sri Lanka Tech Sector to Rethink Rewards