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Taxation by country. Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy. The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes. As of 2018 CBSL report, taxes are the most ...
Private provident funds existed in the private sector, with some companies contributing on a voluntary basis until 1958, when the Employees' Provident Fund was established by S. W. R. D. Bandaranaike following the enactment of the Employees' Provident Fund Act No 15 of 1958 which established the Employees' Provident Fund which made it compulsory for all employers and employees to contribute if ...
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
The Ministry of Health [4] (Sinhala: සෞඛ්ය අමාත්යාංශය, romanized: Saukhya Amāthyānshaya; Tamil: சுகாதார அமைச்சு, romanized: Cukātāra Amaiccu) is the central government ministry of Sri Lanka responsible for health. The ministry is responsible for formulating and implementing ...
The State Department official and the Sri Lankan leaders "discussed progress on Sri Lanka's IMF program, including economic and governance reforms aimed at putting Sri Lanka on the path to ...
The 2021 rice harvest failed, leading to a $1.2 billion emergency food aid program, a $200 million income-support program, and "huge sums to import hundreds of thousands of tonnes of rice". Rajapaska's "sudden and disastrous turn toward organic farming" was panned in international media and the policies were scaled back before the year was over.
The Ministry of Trade, Commerce and Food Security (Sinhala: වෙළඳ, වාණිජ හා ආහාර සුරක්ෂිතතා අමාත්යාංශය; Tamil: வர்த்தக, வாணிப மற்றும் உணவுப் பாதுகாப்பு அமைச்சு) is the Sri Lankan government ministry responsible for "Promotion of competitive ...
Health in Sri Lanka. Sri Lanka scores higher than the regional average in healthcare having a high life expectancy and a lower maternal and infant death rate than its neighbors. [1] [2] In 2018 life expectancy was 72.1 for men and 78.5 for women ranking the country 70th in the world. [3]