Sri Lanka, July 13 -- It is inaccurate to say that import controls have hamstrung the local manufacturers and will impinge economic growth, as those who are engaged in domestic value addition industries can continue to import the required inputs, while essential industries such as agriculture and pharmaceuticals among others have also been freed from any restrictions, the Central Bank (CB) said.

To this end, a special committee has already been set up within the Treasury Department to provide seamless access to imported raw materials-often referred to as intermediate goods-for those industries and businesses engaged in local value addition for export purpose.

The committee is also mandated to look into any specific requests made by indu...