Deputy Minister of Economic Development Prof. Anil Jayantha Fernando announced that vehicle imports will resume in phases, prioritizing essential categories like commercial vehicles.

He emphasized that imports will be regulated based on Sri Lanka’s foreign reserves, which currently stand at $6.4 billion, with an additional Reserve Buffer established by the Central Bank of Sri Lanka (CBSL).

Accordingly, the phased process will align with the ongoing economic stabilisation program to maintain financial stability while enabling market functionality.