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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)
Photo Details
| Photo ID | #10891540 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Akila Jayawardena/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2026 NurPhoto - Akila Jayawardena/NurPhoto |
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