Sri Lanka’s investment environment is set to become more balanced, transparent and predictable, with the elections of 2015 largely heralded as a win for inclusive governance, providing a fresh five-year mandate for an administration committed to economic revolution. As the country looks to broaden its investor base, it is hoped that policy changes and plans brought in by the new government will attract the added investment needed to help the country reach its growth goals.
Having put revenues from hydrocarbons towards the diversification of its economy, the emirate is in a good position to weather the storms of tumbling oil prices. As part of its Economic Vision 2030, sectors such as tourism, manufacturing, logistics, health, education, financial services, aerospace and telecoms have been highlighted as the...
There are no articles in this chapter. To view the table of contents, please open click the "View in online reader" link above.
How do you see the balance of sectors in the economy changing as Abu Dhabi diversifies?
The tax system is one of the key pillars to have supported the UAE’s economic growth over recent decades. The federal government applies no corporate, personal, capital gains, value-added or withholding taxes, while emirate-level tax legislation introduced in the 1960s has never been implemented.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×