Sri Lanka reviews IMF agreement for additional relief measures
The Sri Lankan government is reviewing the International Monetary Fund (IMF) agreement to provide more relief to the people.
The Deputy Minister of Finance and Planning, Harshana Suriyapperuma, made this statement today (January 21) in the Parliament of Sri Lanka.
The IMF agreement has already been reviewed to some extent, and certain tax relief measures have been introduced, according to the Deputy Minister.
These measures include increasing the tax-paying threshold on earnings to Rs. 150,000, exempting VAT on milk products, and providing Rs. 6,000 to all children in need for the purchase of school stationery.
The Deputy Minister further stated that this relief will also be available to children from families that do not receive “Aswesuma” welfare benefits.
Latest Headlines in Sri Lanka
- Maithripala pays Rs. 1 Million compensation over Royal Park murder pardon April 29, 2025
- Head-on bus collision in Beliatta injures 30 April 29, 2025
- Transport Minister to expedite delayed overhead bridge project in Colombo April 29, 2025
- Shooting in Panadura: One killed, another injured April 29, 2025
- Fertiliser Fraud: Former Agriculture Ministry official remanded until May 5, 2025 April 28, 2025
