It has been revealed at the Committee on Public Finance that the government's expected revenue target from vehicle imports will be exceeded by the end of the year.
It is reported that these facts were revealed when the Committee on Public Finance met yesterday (23) under the chairmanship of its Chairman, Dr. Harsha de Silva.
Officials have stated that the expected revenue from vehicles for this year was Rs. 460 billion and that it will increase further based on the current situation and that it is expected to generate an income of about Rs. 700 billion.
Additional Director General of Trade and Investment Policy Malshani Abeyratne stated that as of September 16, 2025, letters of credit worth US $1570 million had been opened.
(colombotimes.lk)