Sri Lanka, Oct. 9 -- The Central Bank of Sri Lanka has issued necessary recommendations to the Finance Ministry on the import of vehicles in such a way that there is no obstruction to Sri Lanka's foreign reserves, Central Bank Governor Dr. Nandalal Weerasinghe said.
In 2022, Sri Lanka faced the worst economic crisis in history. At that time, the then government imposed import restrictions on more than two thousand goods including vehicles.
But the restrictions were gradually relaxed, allowing several goods to be imported. Accordingly, the final relaxation should be to allow import to flow in without restriction. Accordingly, the previous government had focused on giving full permission for the import of vehicles by February of next year...
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