@rangaba@CBSL My prediction is that used car market prices will continue to rise. The government plans to reopen imports with substantial duty increases to limit the importation.
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@rangaba 4/4
Prior to the ban on vehicle impt, the ex. rate between the USD and the LKR was 170. However, the rate has increased to 300 LKR per USD. This indicates a 76% appreciation of the USD. Therefore the cost of purchasing a vehicle in the country of export has increased by 76%.
@rangaba 3/4
Before the ban on imports, 90% of vehicles imported for personal use were brought in under some form of duty concessionary permit. However, there will be no more duty concessions for any category in the future, as it is a strict condition imposed by the IMF.
Change is often difficult to accept, but it's necessary to avert a national crisis. Watch this must-see video to learn about the imminent changes and how they will shape our future. #ChangeIsComing#NationBuilding"
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@Chathurangaab Watch the video and everyone will understand the caliber of the NPP future PHD holders. Sri Lanka will be worse than Cuba if the mentality of the young generation is this and how they plan to handle a situation. https://t.co/saJSYasPUC
@KamalPe69257601 MR won the war in 2009. Are we going to let him loot our country for the rest of our lives? The economic war that MR created is much worse than the civil war.
@SamindaDe The President is currently traveling to Davos in Switzerland for the World Economic Forum. It is an important forum. AKD does not know the value of it, and in addition to that, he does not have the knowledge to have a conversation with any world leaders.
@ChamberofFit Could you please provide more details about this statement? “- each set taken within 3 reps of technical failure (not being able to do another rep without losing form)”