The IMF-supported reform program will implement major tax reforms in Sri Lanka including making the personal income tax more progressive and broadening the tax base for corporate income tax and VAT.
Mission Chief for Sri Lanka, Masahiro Nozaki, said that a wealth tax is being considered as part o
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary, staff-level agreement on an emergency loan and a formal announcement is likely on Thursday, the Reuters news agency reported.
A hybrid press conference on the IMF Sri Lanka Extended Fund Facility Mission will be held
Colombo, Aug 31 (EFE).- The International Monetary Fund on Wednesday extended its ongoing negotiations with Sri Lanka to finalize a bailout package amid the ongoing economic crisis in the country, and said that the results of the talks would be released on Thursday. “The IMF Mission in Colombo has been extended by one day because …
Prime Minister of Sri Lanka Dinesh Gunawardena told an International Monetary Fund (IMF) team led by Peter Breuer and Masahiro Nozaki that the country's social security net needs to be enhanced when an agreement is reached with the IMF.In a .