The Central Bank of Sri Lanka has informed the Ministry of Finance to further limit the import of non-essential goods as the country’s dollar deficit may worsen.
The Central Bank has pointed out that the import restriction should be done immediately because the impact of the country’s foreign reserves will continue to be oppressive in the future.
It has been told to strictly limit the import of all non-essential goods as dollars should be retained for the import of fuel, medicine and essential food.
Accordingly, the central banks have sent three lists of non-essential goods to the Ministry of Finance. It is also known that the list includes more than 2500 types of non-essential goods.