The International Monetary Fund today said the government is expected to phase out the import and exchange restrictions currently in place.
“Authorities will develop a plan for phased removal of import restrictions and exchange restrictions related to BOP. That plan due by June 2023,” said IMF Mission Chief Masahiro Nozaki responding to question raised by Mirror Business.
Although Sri Lanka recently relaxed some of the import and exchange restrictions, rules on forex conversion and bans on certain imported consumer goods still remain.
source daily mirror
