Economy Sri Lanka
A laborer is carrying sacks of onions in the main economic hub of Colombo, Sri Lanka, on January 5, 2024. The government of Sri Lanka has authorized a 3% increase in the Value-Added Tax (VAT), raising it from 15% to 18%, effective on January 1, 2024. This increase aims to meet the International Monetary Fund's (IMF) revenue targets following the country's most significant economic crisis in over seventy years, caused by a shortage of foreign reserves. (Photo by Akila Jayawardena/NurPhoto)
- Product Code
- ILEA002149472
- Registered date
- 2024/1/05 00:00:00
- Credit
- NurPhoto / Kyodo News Images
- Media source
- Akila Jayawardena/NurPhoto
- Media size
- 6016 × 4016 pixel
- Deployment size
- 10.92(MB)*
*File size when opened in Photoshop, etc.