Economics

Sri Lanka and IMF Discuss Critical Areas for Economic Program Success

  • August 2, 2024

Sri Lanka’s President Ranil Wickremesinghe met with International Monetary Fund (IMF) Mission Chief Peter Breuer and his team on Thursday to evaluate the progress of the ongoing economic program. State Minister of Finance Shehan Semasinghe highlighted that the discussion focused on identifying areas that need additional attention to ensure the successful completion of the 3rd

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Finance

Government to Ease Vehicle Import Restrictions by 2025

  • July 30, 2024

State Minister of Finance Shehan Semasinghe announced yesterday that the Government plans to permit the importation of vehicles for private use starting in the first quarter of 2025. Additionally, permission for commercial vehicle imports will be granted by August this year. The initial phase will focus on allowing imports for business and transportation purposes. “Regarding

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