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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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SL set to be removed from IMF’s surcharge list of countries from November
Sri Lanka will be removed from the IMF's surcharge list starting November 1, 2024, due to reforms that raise the threshold for surcharges from 187.5% to 300% of a country's quota, significantly reducing its borrowin...
2024-10-22
Daily Mirror
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SL set to be removed from IMF’s surcharge list of countries from November
Sri Lanka will be removed from the IMF's surcharge list starting November 1, 2024, due to reforms that raise the threshold for surcharges from 187.5% to 300% of a country's quota, significantly reducing its borrowin...
2024-10-22
Daily Mirror
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Income tax revenue surges 16.3% in 2024
Sri Lanka's state revenue from income taxes rose by 16.3% to Rs 624.7 billion in the first eight months of 2024 compared to Rs 537.2 billion in 2023.
2024-10-21
The Morning
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Govt. revenue up by over 40%
Total government revenue increased by 40.5% to Rs. 2,565.9 billion in the first eight months of 2024, compared to Rs. 1,826.6 billion in 2023.
2024-10-17
The Morning
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SL pays Rs. 1,559.7 b in interest payments
Sri Lanka's interest payments on foreign and domestic debt reached Rs. 1,559.7 billion in the first eight months of 2024, a 2.2% increase from Rs. 1,525.7 billion in the same period of 2023. ...
2024-10-17
The Morning
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