Sri Lanka to End Duty-Free Vehicle Scheme

Sri Lanka to End Duty-Free Vehicle Scheme, Cancel Existing Permits in 2027 Budget

Sri Lanka’s government has pledged to abolish the long-standing duty-free vehicle import scheme for public officials, with the cancellation of existing permits to be formalized in the 2027 Budget. The commitment was outlined in the government’s Memorandum of Economic and Financial Policies (MEFP) attached to the IMF Country Report No. 26/111 (May 2026). Under the […]