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No choice but to raise sales tax: Sri Lanka finance chief Ali Sabry

Sri Lanka’s finance minister has told the BBC he has no choice but to hike the country’s sales tax as it faces its worst ever economic crisis.

In an exclusive interview, Ali Sabry conceded the government made a mistake when it almost halved the rate of value added tax (VAT) to 8% in 2019.

Source: bbc.com

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