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

Sri Lanka's tourism sector gradually recovers post-Cyclone Ditwah (English)

Sri Lanka's tourism sector gradually recovers post-Cyclone Ditwah (English)

CID obtains 72-hour detention order on ex-Minister Douglas Devananda (English)

Govt launches concessional loan scheme for disaster-hit businesses in Galnewa (English)

Sri Lanka vehicle importers call for tax relief amid post-disaster sales decline (English)

🔴LIVE - Ada Derana Midday Prime News Bulletin - 2025.12.27

Sri Lanka marks 21st anniversary of devastating Boxing Day tsunami (English)

Ambalangoda showroom manager's shooting suspected to be planned by 'Karandeniya Sudda' (English)

Health Minister vows action if faults are found in 'Ondansetron' procurement (English)