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Columns News - EconoMeter

Pay tax if you want development  
👤4417

2017-07-23

Last week, The International Monetary Fund (IMF) raised concerns regarding Sri Lanka's high debt burden and stressed the importance of revenue based consolidation to meet gross financing needs. In a statement issued by the IMF upon the completion of the second review of the Extended Fund Facility (EFF) provided to Sri Lanka, it was noted that timely progress in structural reforms, including tax administration and energy pricing, will strengthen the platform for durable consolidation.

2020 Export Revenue Target Revised to US$ 18B Will GSP plus save the export dream?  
👤5137

2017-07-16

Umesh Moramudali

Last week, during a media briefing about export promotion of Sri Lanka, State Minister of International Trade Sujeewa Senasinghe said that the government is expecting to increase export revenue to USD 18 billion by 2020. He himself during the media briefing admitted that the government cannot be too ambitious about export targets, but with the regaining of GSP Plus, the export revenue will go up.

Why SL should focus on R&D  
👤3971

2017-07-09

By Umesh Moramudali

Last week, the Ministry of Science, Technology and Research in a media statement said that steps will be taken to strengthen Science, Technology, Engineering and Mathematics (STEM) in schools. The statement went on to say that training will be provided to teachers by local and international scientists about Nano technology, artificial intelligence, airspace, biotechnology and other emerging branches of science.

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