Sri Lanka, July 11 -- Economic analyst Dhananath Fernando has stated that restrictions imposed on vehicle imports could lead to serious market complications.



He further noted that, as the country's demand for vehicles has already been met to a certain extent, tax revenue generated from vehicle imports this year is expected to decline compared to the previous year.



He pointed out that the government's decision on whether to extend the current vehicle import policy beyond August 15 will be a key factor in this regard.



The analyst further stated that, although additional surcharges cannot be imposed under the agreements reached with the International Monetary Fund (IMF), removing the existing surcharges could result in another m...