Newsletter

Sri Lanka lifts import restrictions on 286 items as economic crisis eases

Reuters reports that Sri Lanka face economic crisis In the past year, due to the depletion of foreign exchange reserves by the government has limitedimport goodsmore than 3,200 items including seafood, electronic products and even musical instruments

anyway financial status of Sri Lanka Improvement over the last 9 months Because Sri Lanka received $2.9 billion in aid from the International Monetary Fund. (IMF) relieveinflationand increase foreign currency reserves

The Ministry of Finance of Sri Lanka has stated in a statement that

“As the economy begins to stabilize The government has lifted import restrictions on 286 items since midnight on Friday (June 9).

However, import restrictions on 928 items remain in force, including the import of vehicles. which was banned in March 2020