IMF unveils 16-point plan to address governance challenges in Sri Lanka

The International Monetary Fund (IMF) has recommended sixteen priority actions in its recently released Governance Diagnostic Assessment (GDA) on Sri Lanka to address systematic and severe governance weaknesses and deep-rooted corruption vulnerabilities across State functions in order to unlock the country’s growth potential.



Corrupt elements use Parliament, Finance Ministry to evade taxes

Influential corrupt elements within the state revenue collection apparatus had with the help of the Finance Ministry brought in amendments to relevant laws to stifle the revenue collection process, Chairman of the Sectoral Oversight Committee on National Economic and Physical Plans Mahindananda Aluthgamage said yesterday (October 01).