State Finance Minister Ranjith Siyambalapitiya states that a gazette notification easing import restrictions on buses, trucks, and lorries used for public transportation will be issued this week.
However financial analysts predict that the import of additional vehicles will be further postponed given the current level of foreign exchange reserves.
They also emphasize that the acceleration of vehicle imports could cause the US dollar exchange rate to increase once more.
The recent guidelines on the preparation of the budget for 2024 say that vehicle import restrictions will continue for next year.
A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
Read these and more on tomorrow’s edition of the Sunday Times
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