Import taxes are critical for government revenue. However, because these taxes are often high, the government has introduced import tax exemption schemes. Through these schemes, businesses can bypass certain taxes and save ...

Land access has been identified as a crucial barrier which inhibits foreign direct investment (FDI) in Sri Lanka. Investment zones, primarily Export Processing Zones (EPZs), are significantly influential in attracting FDI ...

Higher costs and time resulting from opaque, complex, time consuming, manual export and and import procedures discourage businesses from engaging in international trade and undermine their international competitiveness. ...

The lack of transparency on the implementation progress of proposals in budget speeches has increased sharply in 2022 and 2023, according to a systematic evaluation conducted by Verité Research. The government – on ...

This infographic outlines the fact that, though there was an increase in excise taxes on tobacco at the start of January in 2023, this will still not help Sri Lanka reach its revenue target for the year.

The Right to Information Act No. 12 of 2016 was passed by the Parliament of Sri Lanka in August 2016. The Act aims to provide citizens’ with access to government information, to increase their participation in the public ...