Macro Analysis /
Global

Sri Lanka: Import controls benefit consumer names; offset by lower real incomes

  • Pre-emptive measures by govt to maintain dollar liquidity; positive for trade balance

  • Inflationary impact to be minimal; ban likely to be in place until dollar inflows improve following SLA

  • Near-term benefit from import restrictions to be mitigated by declining disposable income levels

Lakshini Fernando
Asia Securities
24 August 2022
Published byAsia Securities

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