Sign Up
Stories
Sri Lanka's Budget Focuses on Tax Hikes and Economic Recovery
Share
Sri Lanka's Central Bank Cuts Rates
Sri Lanka's Central Bank Maintains Rates...
Sri Lanka's Debt Restructuring Deal
Andenne City Budget 2024 Revealed
Development Banks Address Climate Change
Gujarat's Budget: Developed Gujarat by 2...
Overview
API
Sri Lanka's government plans to present the 2024 budget aimed at boosting tax revenue and meeting IMF targets. The budget will focus on tax hikes, including new taxes such as wealth and inheritance taxes. The country's economy shows signs of recovery, with increased revenue in the tourism industry and available food, fuel, and medicine. However, significant challenges remain, including debt restructuring and high poverty levels.
Ask a question
How will the tax hikes impact the overall economy?
What measures are being implemented to reduce poverty levels?
What steps are being taken to address the debt crisis?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Apr 2023
Jun 2023
Aug 2023
Oct 2023
Coverage