Vehicle imports & foreign reserves : CB Governor gives details
Sri Lanka’s foreign reserves have reached approximately USD 6.5 billion, surpassing the targets set by the International Monetary Fund (IMF),Continue Reading
Sri Lanka’s foreign reserves have reached approximately USD 6.5 billion, surpassing the targets set by the International Monetary Fund (IMF),Continue Reading
The importing of private vehicles will commence from 01 February 2025, President Anura Kumara Dissanayake announced today. Addressing the Parliament,Continue Reading
For many Sri Lankans, owning a vehicle is more than a convenience—it’s often a necessity. Yet, the steep cost ofContinue Reading
Deputy Minister of Economic Development Anil Jayantha provided clarification on the government’s future policy regarding vehicle imports. “Permissions will beContinue Reading
The government’s stance is that permission must be granted for vehicles to be imported under the first phase of theContinue Reading
The government has proposed new regulations on vehicle importers, related to the Cost, Insurance, and Freight (CIF) value of aContinue Reading
The government is considering the possibility of allowing vehicle imports in a systematic manner, without negative impacts on the foreignContinue Reading
The government expects to permit the importation of vehicles for private consumption in the first quarter of 2025, State MinisterContinue Reading
Sri Lanka’s ban on vehicle imports has been relaxed to allow one-year-old vehicles to be imported for tourism purposes, asContinue Reading
The benefit of saving foreign reserves is much more than the loss of tax revenues from the suspension of vehicleContinue Reading
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