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flag Sri Lanka lifts five-year vehicle import ban to increase revenue, per IMF agreement.

flag Sri Lanka has lifted its five-year ban on vehicle imports to boost state revenue, as part of its agreement with the IMF. flag The first shipment from Thailand arrived at Colombo Port, with another from Japan expected soon. flag Prices of new vehicles may vary, with some increasing and others decreasing, potentially causing a 10-15% decline in the second-hand market.

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