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VAT exemption removal to result in increased power and energy costs.
By: Staff Writer
Colombo (LNW):The proposed removal of Value-Added Tax (VAT) exemptions has raised concerns about the potential application of VAT on power and energy...
Shehan Semasinghe Unveils Sri Lanka’s Economic Roadmap for 2024
In a recent press briefing at the Presidential Media Centre, State Minister of Finance, Shehan Semasinghe, unveiled Sri Lanka's projected economic growth for 2024,...
Sri Lanka Pioneers National AI Strategy with UNDP’s AIRA Assessment
The wave of Artificial Intelligence (AI) is swiftly reshaping industries, from agriculture to healthcare, propelling a transformative wave across the economic landscape. This paradigm...
LKR Dips Against USD
Today (Nov 15), the Sri Lankan Rupee experienced a decline against the US Dollar in various commercial banks across Sri Lanka, reflecting a change...
Government plans robust economic growth of 1.8 percent in 2024.
By: Staff Writer
Colombo (LNW): The Government has anticipated economic growth of 1.8 percent for the year 2024 with the finance ministry’s commitment to fostering...