Sri Lanka vehicle imports reach US$1.2bn by Sept

ECONOMYNEXT – Sri Lankans have spent 286 million US dollars on personal and commercial vehicles in September 2025, taking the total in the nine months to 1,204 million US dollars the central bank said. In September 227.5 million US dollars were spent on personal vehicles and 58.7 million dollars on commercial vehicles. Vehicle imports have brought big revenues for the government. After printing money under flexible inflation targeting, which then leads to external trouble, Sri Lanka usually restricts vehicle imports hitting government revenues in what analysts call a ‘cascading policy error’. In 2018 vehicle imports were restructure through LC margins…

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