Sri Lanka Unveils 2026 Budget: A Bold Move Towards Economic Revitalization
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Sri Lankan President Anura Kumara Dissanayake presented the 2026 budget focusing on tax reforms and increasing state revenue to meet IMF bailout conditions. Initiatives include modernizing tax audits, revising import duties, and constructing houses for the Tamil community. The government aims to reduce debt-to-GDP below 90% by 2032.
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