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This Article is From Jun 02, 2022

Sri Lanka Lifts Import Curbs to Help Tackle Worsening Shortages

Depleted Hospitals Rely on Sri Lankan Expats to Fly in Medicine.

Sri Lanka Lifts Import Curbs to Help Tackle Worsening Shortages
Sri Lanka Lifts Import Curbs to Help Tackle Worsening Shortages

Sri Lanka removed restrictions on imports to help ease shortages of everything from food to medicine.

The 369 items on the list can now be shipped in without an Import Control License, the Finance Ministry said in a statement Wednesday. It also postponed implementation of open-account payment changes to June 7, and said all such cargoes can be released.

Depleted Hospitals Rely on Sri Lankan Expats to Fly in Medicine

Importers must “rationalize” purchases “on the basis of importance and urgency to save the limited foreign exchange for the purpose of importation of essential commodities to ensure their uninterrupted supply,” according to the statement.

More stories like this are available on bloomberg.com

©2022 Bloomberg L.P.

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