State Minister of Finance Shehan Semasinghe said yesterday that the Government has not yet reached a firm decision on lifting the ban on private motor vehicle imports.
He said that the prime focus of the Government is to uphold economic stabilisation at an acceptable threshold and added that this cautious approach was being taken to safeguard the economic gains achieved so far.
“The Government will abstain from taking any hasty decisions that could jeopardise the trajectory of ongoing economic stabilisation,” he said. He said this in response to the question whether the Government planned to lift the ban on private car imports, as speculated in industry circles.
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