Tag: Sri Lanka’s government nod for Rs400bn T- bill ceiling

sri lankan-parliament

Sri Lanka parliament approves borrowing increase, taxes

Oct 21, 2015 (LBO) – Sri Lanka’s parliament has approved raising the ceiling on treasury bill borrowing by 400 billion rupees to finance a higher budget deficit.The parliament also passed a series income, value added, nation building, gaming and broadcast taxes proposed in the last budget to raise government revenue by around 60 billion rupees.The […]