24 September 2020 04:25 am
Following the decision of temporarily suspending the importing of vehicles, the increasing prices of the second-hand vehicle market cannot be controlled by the Government, Transport State Minister Dilum Amunugama said.
Responding to a question raised by a journalist following an inspection tour at Autogroup International (Pvt) Ltd in Kaduwela, the State Minister said the second-hand vehicle market had unusually increased.
"With the current situation, customers should act wisely. This temporary suspension is not permanent. This has to be imposed to stabilize the cash flow to some extend," the State Minister said.
"After imposing this temporary suspension, the value of the Rupee remains at a satisfactory level. This has occurred following the COVID-19 pandemic situation. As soon as the pandemic situation is brought under control, the suspension to import vehicles would be relaxed," Minister Amunugama added. (Chaturanga Samarawickrama)