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Presentation of Budget 2024 by President Ranil Wickremesinghe

Latest news, analysis and opinions from the Daily FT, Sri Lanka s only national business newspaper. ..

Sri Lanka to phase out CESS, PAL, set up committee to boost trade

We are taking steps to eliminate non-tariff import taxes, including import CESS, Port, and Airport Levy

President presents budget with no "fairy tales"

President Ranil Wickremesinghe today presented the 2024 budget with no "fairy tales" focused on ensuring the country does not go bankrupt again. Presenting the budget in Parliament, the President, who is also the Minister of Finance, said that advancing a nation requires more than mere fairy tale

Sri Lanka to remove import taxes, establish committee in bid to improve trade ties

We are taking steps to eliminate non-tariff import taxes, including import CESS, Port, and Airport Levy