Import restrictions on vehicles used for public transport to be relaxed

Date:

By: Isuru Parakrama

Colombo (LNW): A gazette notification is expected to be issued this week relaxing restrictions imposed on import of vehicles used for public transport, revealed Finance State Minister Ranjith Siyambalapitiya.

Accordingly, import restrictions on lorries, trucks and buses may be relaxed withe the move, the Minister assured.

The move comes in regardless of the warnings from a number of economic analysts that such a relaxation would contribute to the weakening of the foreign exchange rate.

Share post:

spot_imgspot_img

Popular

More like this
Related

The Sorry State into Which Harini Has Fallen

The Sorry State into Which Harini Has Fallen

Gem Sri Lanka 2026 Set to Shine on Global Stage

Gem Sri Lanka 2026 Set to Shine on Global Stage

Private Sector Pensions on the Table as EPF Faces Overhaul

Private Sector Pensions on the Table as EPF Faces Overhaul

IMF Orthodoxy Risks Renewed Crisis for Sri Lanka

IMF Orthodoxy Risks Renewed Crisis for Sri Lanka