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flag Sri Lanka aims to boost foreign reserves to $15.1B by 2028, easing vehicle import restrictions.

flag Sri Lanka's President Anura Kumara Dissanayake announced plans to boost foreign exchange reserves to $15.1 billion by 2028, including agreements with the IMF to adjust taxes. flag Starting February 1, 2025, personal vehicle imports will be allowed, following the recent lifting of restrictions on importing passenger buses and special-purpose vehicles. flag The moves aim to stimulate the economy while managing foreign exchange outflows.

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