IMF flexible on rigid state revenue tax, says Lankan prez Dissanayake
The New Indian Express Jeypore|December 19, 2024
PRESIDENT Anura Kumara Dissanayake on Wednesday announced that Sri Lanka has achieved flexibility with the IMF on its rigid state revenue tax regime, something that was part of his election promise.

Also, import of private cars - banned from 2020 - would be allowed from February 2025, Dissanayake, who is also the Minister of Finance, told the parliament.

Speaking about the agreements reached with the International Monetary Fund (IMF) during its third review of the $2.9 billion Extended Fund Facility (EFF), the president said his government has been able to raise the tax threshold.

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