Sri Lanka approves 2017 budget; aims to raise revenue through taxes

Dec 11, 2016 (Reuters) – Sri Lanka’s coalition government on Saturday won the final vote on its 2017 budget which aims to boost revenue and cut the fiscal deficit to 4.6 percent of GDP from this year’s 5.4 percent with a more than two-thirds majority. The budget, which contains some long-term reforms and measures to […]