Sri Lanka’s Economic Crisis Eases with Aid from IMF, Lifts Import Restrictions on Some Goods

Reuters reports that Sri Lanka face economic crisis In the past year, due to the depletion of foreign exchange reserves by the government has limitedimport goodsmore than 3,200 items including seafood, electronic products and even musical instruments

however sri lanka financial status Getting better over the past 9 months Because Sri Lanka received $2.9 billion in aid from the International Monetary Fund. (IMF) relievinginflationand increase foreign currency reserves

Sri Lanka Ministry of Finance Stated in a statement that

“As the economy begins to stabilize The government has lifted import restrictions on 286 items since midnight on Friday (June 9).”

However, import restrictions on 928 items remain in place, including the import of vehicles. which was banned in March 2020