Sri Lanka to gradually resume vehicle imports in 2025
Posted by Editor on August 7, 2024 - 8:25 pm
(Photo made by Microsoft Copilot)
Sri Lankan President Ranil Wickremesinghe announced that vehicle imports will gradually start again next year (2025).
He said this decision aims to boost government revenue through customs duties.
He emphasized that the country needs more income to support its foreign reserves, stating, “I believe our reserves have grown enough to allow vehicle imports, as customs duties on vehicles are a significant revenue source for the government.”
Latest Headlines in Sri Lanka
- Sri Lanka to strengthen pension scheme for migrant workers & tourism sector March 16, 2025
- Indian PM Narendra Modi to visit Sri Lanka in early April 2025 March 15, 2025
- Sri Lankan President joins special Iftar ceremony at Temple Trees March 15, 2025
- Customs Inspector arrested for smuggling Rs. 30 Million cannabis oil March 15, 2025
- Police constable arrested for taking bribe to issue clearance certificate March 15, 2025
