The Government has decided to relax import restrictions imposed on certain vehicles used for public transportation.
State Minister of Finance Ranjith Siyambalapitiya stated that import restrictions will be relaxed on the imports of lorries, trucks, and buses utilized for public transportation purposes.
He further stated that a Gazette is being prepared in this regard and is expected to be issued this week.
However, the State Minister of Finance said that financial analysts say the imports of other vehicles will be further delayed considering the current foreign exchange reserves.
They also emphasized that the value of the dollar can rise again through the increase in vehicle imports, he added.
State Minister of Finance Ranjith Siyambalapitiya made the remarks while speaking to the media.