High VAT & Income taxes : President reveals Govt plans to IMF

October 3, 2024 at 8:42 PM

 

President Anura Kumara Dissanayake reaffirms commitment to IMF objectives, advocates for alternative solutions to ease the burden on people today.

While reaffirming the government’s broad agreement in principle with the objectives of the IMF programme he emphasized the importance of achieving these objectives through alternative means that relieves the burden off the people.

The President stated that the government plans to expand social spending and offer relief to those burdened by high VAT and income taxes.