Letters of credit worth $1,570 million have been opened for vehicle imports.

Officials of the Department of Trade and Investment Policy have revealed that the government will be able to obtain more than the expected tax revenue from vehicle imports this year.

Officials have indicated that letters of credit worth $1,570 million have already been opened for vehicle imports, which is exceeding the target expected by the government. Officials of the Department of Trade and Investment Policy have disclosed this before the Finance Committee of Parliament.

The Committee met at the Parliament Complex under the chairmanship of its Chairman, Member of Parliament Dr. Harsha de Silva, and these facts were revealed there.