As the Government prepares to present Budget 2019, United Nations Independent Expert on Foreign Debt and Human Rights, Juan Pablo Bohoslavsky, yesterday called for a fresh take on policies that would boost domestic demand, re-examine military spending and renegotiate debt repayments to expand fiscal space for sustainable development.
Finance Minister Mangala Samaraweera yesterday said that the Government was focused on promoting fair, convenient and non-distortive taxes targeted at strategic industries that would encourage economic growth.
Sri Lanka Tourism, in collaboration with industry stakeholders, yesterday launched ‘Island Escapes’, a new travel campaign to promote the country as a year-round destination to boost arrivals during lean months.
Reuters: Shares closed flat on Tuesday, near a more than one-week closing low, with beverage and manufacturing shares witnessing mild selling, a day after fuel prices were hiked for the third time in four months.
Russia is the main suspect in U.S. agencies' investigation of mysterious illnesses in American personnel in Cuba and China, NBC News reported on Tuesday.
U.S. Defense Secretary Jim Mattis, who recently visited Kabul, said on Tuesday that the Afghan government was increasing the vetting and training of local forces in order to minimize so-called insider attacks.