How could the policy framework be altered to improve the investment environment?
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Interviews & Viewpoints | Rajendra Theagarajah: Interview from The Report: Sri Lanka 2018
Interviews & Viewpoints | Mangala Samaraweera: Interview from The Report: Sri Lanka 2018
How important is foreign direct investment (FDI) for GDP growth and reducing state expenditure?
Articles & Analysis | Impacts of lower corporate tax rates on developed and developing economies from The Report: Sri Lanka 2018
Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...
Articles & Analysis | Reforms leading to sustainable, long-term economic development in Sri Lanka from The Report: Sri Lanka 2018
Sri Lanka benefits from its strategic geographic position along a critical Indian Ocean trade route, strong base of industrial and cash crop exports, and rapidly expanding non-agricultural economy. High levels of public expenditure and rapid industrial expansion supported recent robust macroeconomic growth, averaging more than 6% between 2008...
Articles & Analysis | Tax reforms and Inland Revenue Act bolster the federal budget in Sri Lanka from The Report: Sri Lanka 2018
Low government revenue is a key challenge facing sustainable macroeconomic growth in Sri Lanka, adversely affecting its finances and limiting the government’s ability to fund infrastructure and social initiatives. Tax reforms launched under an IMF loan agreement, coupled with the Inland Revenue Act (IRA) to improve tax collection, should offer...
Interviews & Viewpoints | OBG Talks to Changyong Rhee from The Report: Sri Lanka 2018
To what extent will consumption and private investment be affected in the short to medium term by the IMF programme?