Sri Lankan President Anura Kumara Dissanayake has confirmed that his administration intends to implement additional tax cuts in the forthcoming 2027 budget. During a recent address regarding the nation's economic status, the President highlighted that the government has successfully met its fiscal revenue goals without the introduction of any new tax measures since assuming office. He noted that existing tax burdens have already been eased under his leadership. Dissanayake emphasized that these planned future reductions will be managed carefully to ensure that state revenue targets remain secure. He contrasted his administration's performance with that of previous governments, which frequently struggled to reach projected income levels, often falling short of their targets. By maintaining strict fiscal discipline, the current government aims to continue this trend of exceeding revenue expectations while simultaneously providing relief to taxpayers.
Source : Newswire
Photo : Newswire
