Announcement
02 Apr 2020
Sri Lanka has temporarily suspended the import of certain vehicles and non-essentials on letters of credit to ease the pressure on the financial markets due to the COVID-19 outbreak.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Mar 2020
Revocation date:
22 May 2020
Updated: 02 Apr 2020
Controls on credit operations
On 19 March 2020, the Central Bank of Sri Lanka through "Banking Act Directions No.1 of 2020" has temporarily (for 3 months) suspended the issuance of Letters of Credit for imports of certain motor...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.