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Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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Central Bank gives Rs.107bn in printed money to CPC to finance fuel imports
After the Central Bank last week disclosed that it had received a request from the General Treasury to provide liquidity to the value of Rs.217 billion to finance fuel imports by Ceylon Petroleum Corporation (CPC), the data showed that the C...
2022-07-11
Daily Mirror
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PUCSL Chairman insists fuel can be sold a lot cheaper
Chairman of the Public Utilities Commission of Sri Lanka (PUCSL), Janaka Ratnayake has told the Committee on Public Enterprises (COPE) that petrol and diesel can be priced at approximately Rs. 250.
2022-07-09
The Island
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Sri Lanka top five SOEs lose Rs931bn amid monetary instability
Sri Lanka’s top five state enterprises have lost 931 billion rupees in the first four months of 2022, official data shows, with a collapse of a soft-peg due to aggressive open market operations of the central bank contributing to most...
2022-07-08
Economy Next
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Railway incurs daily loss of Rs. 8 mn due to strike
The daily loss incurred by the Railway Department due to the cancellation of trains and non issuance of train tickets as a result of failure to report to duty by Railway workers due to the lack of fuel amounts to Rs.8 million,” General...
2022-07-07
Daily News
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