Final decision on lifting vehicle import ban in August – State Minister

Final decision on lifting vehicle import ban in August – State Minister

July 10, 2024   02:36 pm

State Minister of Finance Ranjith Siyambalapitiya stated that the final decision regarding the lifting of the restrictions on vehicle imports will be taken in the second week of August. 

The State Minister pointed out that the committee appointed to look into the matter met recently and agreed to submit the final report to the Cabinet within the second week of August. 

Siyambalapitiya mentioned that accordingly, it will be able to import vehicles according to the country’s revenue situation while prioritising the needs of the people. 

The Finance State Minister further expressed that the imports will begin from public transport vehicles, goods transport vehicles, alternative vehicles, public vehicles and then the private vehicles, subject to regulations.

He also said that the Cabinet of Ministers has approved the import of 1,000 vehicles for the tourism sector and that none of those vehicles have been imported thus far. 

He stated that the import of 250 buses and 750 vans has been allowed under this, subject to the approval of the Ministry of Tourism.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

Newly appointed Cabinet Ministers officially assume duties (English)

Cabinet approval to import 70,000 MT of rice (English)

Independent committee to probe Ravi's appointment as NDF National List MP (English)

Former Minister Harin Fernando granted bail (English)

Cabinet approves import of 70,000 MT of rice to address market shortage