Analysis of the Impact of the Repeal of S.I. 81A of 2024

S.I. 81A of 2024 introduced a pricing regulation that compelled sellers to peg goods and services to the average interbank exchange rate, penalizing deviance (usually parallel market). The Government gazetted S.I. 34 of 2025, which repeals S.I. 81A of 2024, liberalizing the exchange rate to a more market-driven one and amputating the pricing constraint. The … Continue reading Analysis of the Impact of the Repeal of S.I. 81A of 2024