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Vehicle sector revenue leakage could exceed Rs.100 billion this year, CMTA warns

Source: Lanka News
Category: Politics
Region: Sri Lanka
Published: June 30, 2026 at 05:53

πŸ“ Summary

Government revenue leakages from Sri Lanka’s automotive industry could exceed Rs.100 billion by the end of this year, due to unchecked regulatory loopholes and systemic undervaluation, Ceylon Motor Traders Association (CMTA) Chairman Andrew Perera said. The projected leakage amounts to close to 2% of the Rs.5.3 trillion in total government revenue budgeted for 2026, and […] The post Vehicle sector revenue leakage could exceed Rs.100 billion this year, CMTA warns appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
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revenue leakage exceed billion year cmta vehicle sector

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