As per CBSL statistics, Sri Lanka has spent $ 250.3 million on imports within the period of January-July 2021 in comparison to $ 268.4 million spent during 2020 for telecommunication devices. Moreover, banks are ordered not to grant any advances to customers in order to enable them to reach the minimum cash margin deposit requirement that has been in effect as per the order. However, banks can certify the particular invoice with the cash margin deposit that has been ordered above. We also got in touch with Canon Metropolitan, a leading camera company in Sri Lanka. Meanwhile, attempts to get through to Abans, Singer (Sri Lanka), and several small-scale businesses for comment proved futile.

Source: The Nation September 18, 2021 18:56 UTC