Skip to main content

Inefficiency and corruption drain state coffers of Rs. 500 billion

In the wake of the International Monetary Board (IMF) revenue mobilization gains-while improved relative to last year--are expected to fall short of initial projections by nearly 15 per cent by year-end, the state cof­fers are deprived of a whopping Rs.500 billion annually...

Comments

Popular posts from this blog

Sri Lanka’s creditors must take proactive steps to facilitate its recovery: Jaishankar

Indian External Affairs Minister S. Jaishankar said today that India has extended financing assurances to the IMF to clear the way for Sri Lanka to move forward because India felt strongly that Sri Lanka’s creditors must take proactive steps to facilitate its recovery.