Govt. revenue down by 30% due to tax concessions - Patali

Govt. revenue down by 30% due to tax concessions - Patali

February 2, 2020   02:58 pm

United National Party (UNP) MP Patali Champika Ranawaka says that the government revenue has been reduced by 30 percent due to tax concessions.

He pointed out that the tax policy helped to keep the country from going bankrupt during the UNP regime.

The MP expressed these views speaking on the unexpected challenges faced by the previous regime.

MP Ranawaka further said that the previous government, too, is responsible for a possible energy crisis in the future. This is because of the failure to build new power plants in the country, he added.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Ada Derana's Indeewari Amuwatte recognized after featuring in ''Her Story, Her Strength'' column (English)

Ada Derana's Indeewari Amuwatte recognized after featuring in ''Her Story, Her Strength'' column (English)

''Rule of law imperative to create a just society.'' - Minister says law must be equal for all (English)

Protests erupt across Sri Lanka against hike in electricity tariffs and fuel prices (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm

Christians worldwide celebrate Good Friday (English)

Water cuts in Colombo District amid dry weather conditions (English)

Doctors to strike in hospitals island-wide from tomorrow - GMOA (English)