- Sri Lanka’s parliament approves a hike in Value Added Tax (VAT) from 15% to 18%
- The increase is approved ahead of the IMF reviewing the country’s bailout
- 100 parliamentarians voted in favor of the legislation, while 55 voted against it
Source: zawya.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
