Sunanda Bandara on automobile imports: Has sized up risk, with outsized claim on data
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Export earnings in December 2024 were USD 1,101 million. Import expenditure in that month was USD 1,924 million. This shows that by last December, the country was spending more on imports than it did in the pre-Covid era. The export-import gap in that month was USD 822 million. Opening the doors to automobile imports in such a situation is an undertaking that carries somewhat of a risk.
Lankadeepa | February 5, 2025
Posted on: 16 May, 2025

Partly True
State Minister Cabraal: Drives home the cost of past vehicle imports
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The number of vehicles imported to Sri Lanka from 2015 to 2019 was 2,515,546. And the amount spent on these vehicles imported amounts to Rs. 1,239 billion.
Daily News | April 6, 2021
Posted on: 20 May, 2021

True