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    Why did Sri Lanka fall short of revised 2022 tax revenue target?

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    English infographic (61.63Kb)
    Sinhala infographic (99.87Kb)
    Tamil infographic (119.8Kb)
    Date
    2023-07-20
    Author
    Econ Team
    Series
    Public Finance Infographics;
    Metadata
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    Abstract
    Sri Lanka missed its tax revenue target in 2022, falling short by Rs 101 bn. Prioritizing fiscal consolidation has been given greater importance as part of the current IMF program. A series of budget deficits, excessive borrowing, and poor debt management paved way to the economic crisis which began in 2021. Excise taxes on liquor and VAT contributed the most to the overall short fall in tax revenue.
    Note
    Description
    This infographic was posted on the Public Finance Platform in all three languages: English, Sinhala and Tamil.
    URI
    https://archive.veriteresearch.org/handle/456/6288
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    • Infographics [181]

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    Contact Us | Send Feedback
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