Sri Lanka imposed restrictions on the import of 300 items, the island country is facing a shortage of foreign exchange
Sri Lanka Crisis In the midst of the economic crisis in Sri Lanka, due to the lack of other essential things including food, fuel and medicines, the patience of the common people had responded last month. He attacked the constitutional establishment itself.
Staff Editor 
Cash-strapped Sri Lanka has banned the import of 300 consumer goods, including chocolates, perfumes, shampoos and makeup items, due to lack of foreign exchange. Sri Lanka is going through the worst economic phase ever since independence in 1948. This information was given by news agency PTI.
Prohibition on import of consumer goods with immediate effect
According to the notification of the Finance Ministry, if these items are loaded on the ship before August 23 and reach the country by September 14, then they will be exempted. Under the Import and Export Regulation, the import of these consumer goods included in the list has been banned with immediate effect from August 22.
Gotabaya is trying to return to the country again
In the midst of the economic crisis in Sri Lanka, the patience of the common people had responded last month due to shortage of other essentials including food, fuel and medicines. He attacked the constitutional establishment itself. Due to this, former President Gotabaya Rajapaksa, the father of the current crisis, not only had to leave his post last month but was forced to leave the country. However, Gotabaya, who is currently in Thailand, is trying to return after the anger of the protesters subsided.
IMF talks with President on bailout package
According to news agency Reuters, the International Monetary Fund team will hold talks with Sri Lankan President Ranil Wickremesinghe to finalize the bailout package for Sri Lanka. This includes the rescheduling of debt of $29 billion. The Finance Department is also with the President. This is the second visit of the IMF team in the last three months.
