The Department of Motor Traffic (DMT) has met its revenue targets for the year with the rise in vehicle imports seen this year, Motor Traffic Commissioner General Kamal Amarasinghe said.
Accordingly, the department was given a target of Rs. 16 billion and it has surpassed this figure by recording Rs. 17.8 billion as of 30 November.
Amarasinghe further stated that the Treasury has set a revenue target of Rs. 18 billion for next year, adding that the DMT is fully capable of achieving that target.
Motorcycles accounted for the highest number of vehicle registrations recorded so far this year, the Department of Motor Traffic has stated. The Commissioner General Kamal Amarasinghe noted that 223,423 motorcycles have been registered with the DMT since January.
He further noted that 55,338 cars, 13,850 three-wheelers and 35,268 electric vehicles across all categories have also been registered.