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

Fairway Holdings Launches Its 7th Luxury Apartment Project, “Fairway Latitude”

Fairway Holdings, a leading condominium developer in Sri Lanka,...

Roads Cleaned, Beaches Ignored: Dehiwala–Mount Lavinia Municipal Council Under Fire

A serious environmental crisis has emerged along the coastal...

STATEMENT OF THE BASL REGARDING THE OFFICE OF ATTORNEY GENERAL

The Bar Association of Sri Lanka (BASL) is deeply...

SLBFE Enforcement Action Delivers Results for Migrant Workers in 2025

Deputy Minister of Foreign Affairs and Foreign Employment Arun...