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Decision on Lifting Vehicle Import Ban Expected by Mid-August

The final decision on lifting the ban on vehicle imports will be made by the second week of August, Finance State Minister Ranjith Siambalapitiya announced.

He stated that the committee assigned to review this issue met on July 4 and plans to present its final report to the Cabinet by the second week of August.

The Minister believes that vehicle imports can be resumed without negatively affecting the country’s exchange rate and will prioritize people’s needs.

The import order will be public transport vehicles, goods transport vehicles, alternative vehicles, general vehicles, and private vehicles.

Additionally, the Minister informed Parliament that the Cabinet has approved the import of 1,000 vehicles for the tourism industry, but none have been imported yet. This includes 250 buses and 750 vans, which require permission from the Tourism Ministry.

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