Sri Lanka lifts vehicles import ban for first time in 4 years

COLOMBO: Sri Lanka has announced that they will lift the vehicles import ban which was put in place in 2020 to ease the pressure on foreign exchange reserves due to the COVID-19 pandemic.

By the gazette issued on Wednesday the importation of public transport vehicles have been allowed for the first time since early 2020.

The Ministry of Finance said the policy to ban vehicle imports was implemented with the intention of easing the pressure on foreign exchange reserves due to the COVID-19 pandemic and the economic downturn of 2022.