Due to pressure on foreign exchange reserves, the government has banned the import of motorcycles above 150 cc and mobile phones worth more than 300 US dollars until August 30.
Earlier, the government had banned the import of motorcycles above 250 cc and mobile sets priced above US$ 600 in April.
According to the government, it is said that the current system will not be applicable in case of those who have completed the process of import through banking before 17 July 2022.
After the decrease in foreign exchange reserves, the government has been tightening the import of luxury goods.