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

Neglected Online Safety: The Need for an Active Online Safety Commission in Sri Lanka

By Nalinda Indatissa, President's Counsel. In the digital age, the...

Why talk about a Director of Public Prosecutions (DPP) — and how this compares with the Attorney General (AG)?

By Nalinda Indatissa, President's Counsel. In every country, someone must...

The War Inside: How Sri Lanka’s Three-Decade Conflict Shaped a Generation’s Mind

The War Inside: How Sri Lanka’s Three-Decade Conflict Shaped a Generation’s Mind

RTSL Leads Swift Flood Relief after Cyclone Ditwah

In the wake of devastating floods triggered by Cyclone...