KAMALIKA PIERIS Critics want to know whether Sri Lanka’s foreign exchange problem is a staged default”. Mick Moore has described it as the most man-made and voluntary economic crisis.” The current problems were made in the last two years, he said.  Sri Lanka’s current crisis cannot be blamed on global economic problems. No other Asian […]

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By Upali Gunasekera The Leader of the Opposition Sajith Premadasa told the media that he would not support the 21st Amendment to the Constitution which was to be presented to the Cabinet as it will not be in line with the Bar Association’s proposal. As a freelance sociologist, it is a responsibility of this writer […]

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From an FB post dated May 28 අද සිරස රාත්‍රී 7.00 ප්‍රවෘත්ති නැරඹූ බොහෝ දෙනෙකුගේ දෑසේ කදුළු බිදුවක් හෝ නොනැගුණා නම් ඒ පුදුමය කි. එසේම ලේ කෝප වන තරම් දර්ශන ද එම ප්‍රවුර්ති විකාශනය අතර තුරවිය. දුක හිතුනේ දකුණු ඉන්දියාවේ තමිල්නාඩුවේ පුංචි තේ කඩයක තේ බීමට එන වතු කම්කරුව න් වැනි දිළිදු ගැහැණු න් ගෙන් […]

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Robert Murray-Smith This is the original article A droplet-based electricity generator with high instantaneous power density

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Courtesy Bloomberg UK Government plans to return to tax status before 2019 cuts Value-added tax to be raised to 12% in bid to boost revenues Sri Lanka’s new Prime Minister Ranil Wickremesinghe proposed to raise tax rates to help meet conditions for a bailout from the International Monetary Fund. The value added tax would rise to 12% […]

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Courtesy Aljazeera The crisis-hit country’s inflation rose to 39.1 percent in May, its statistics office said on Tuesday. Sri Lanka’s cash-strapped government has announced a taxation overhaul to boost revenue amid the country’s crippling economic crisis, hiking value added taxes and corporate income tax, and slashing the relief given to individual taxpayers. Prime Minister Ranil […]

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Courtesy The Telegraph online ‘The implementation of a strong fiscal consolidation plan is imperative through revenue enhancement as well as expenditure rationalisation measures. Sri Lanka’s cash-strapped government on Tuesday announced a taxation overhaul to boost revenue amid the country’s crippling economic crisis, hiking value added taxes and corporate income tax, and slashing the relief given […]

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