Sri Lanka’s foreign reserves have reached approximately USD 6.5 billion, surpassing the targets set by the International Monetary Fund (IMF), Governor of the Central Bank of Sri Lanka Dr. Nandalal Weerasinghe said.
Speaking during a meeting with newspaper editors, Dr. Weerasinghe revealed that Sri Lanka has successfully built its foreign reserves.
Responding to a question, the Central Bank Governor revealed that vehicle imports had to resume as the economy has now been stabilised.
He further assured that vehicle imports would be carried out in a manner that would not adversely impact the nation’s foreign reserves.
Dr. Weerasinghe also highlighted that appropriate fiscal policies can help control vehicle imports. (Islandnews)
