The Ministry of Finance said a report will be directed to the International Monetary Fund in June regarding the relaxation of import restrictions that are currently in effect.

State Minister of Finance Shehan Semasinghe said the relevant report is being formulated at present.

The State Minister said Sri Lanka will have to present the country’s plans in this regard by June, based on the staff-level agreement and the approval of the IMF Board of Directors.He added thereafter any changes can be discussed based on Sri Lanka’s financial progress.