The Governor of the Central Bank expressed his views regarding the suspension of the importation of vehicles at a media briefing held today (12).
He pointed out that the import of vehicles would be allowed once the foreign exchange inflow into the country had returned to normal.
The Governor of the Central Bank Ajith Nivard Cabraal further stated that at present all non-essential items except vehicles and tiles are being imported and a large amount of foreign exchange is being exported from the country for this purpose.
However, he emphasized that with the re-emergence of subjects that could bring in a large amount of foreign exchange, such as the tourism industry, it would be possible to allow the re-import of vehicles with stability in the coming months.
