Sri Lanka, March 25 -- Senior Economic Advisor to the President, Duminda Hulangamuwa, confirmed that there will be no revision of taxes on vehicle imports this year.

As a result, vehicle prices in the market are expected to remain unchanged this year, he said.

Hulangamuwa made these remarks while joining TV Derana's current affairs program "360deg" last night (24).

Addressing a question about the forecasted importation of vehicles worth around one billion US dollars this year, Hulangamuwa provided insights into the expected revenue in rupees.

"We anticipate revenue between 300 to 350 billion rupees. With the current economic growth, we are taking a 'wait-and-see' approach regarding vehicle imports. If anyone expects a tax reduction, i...