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Tag: Sri Lanka vehicles import ban

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

Posted on December 19, 2024 By admin
Sri Lanka lifts vehicles import ban for first time in four years

Depleted foreign reserves in April 2022 led to an unprecedented economic crisis in Sri Lanka, forcing the island nation to announce its first-ever sovereign default. File | Photo Credit: Reuters 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…

Read More “Sri Lanka lifts vehicles import ban for first time in four years” »

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